WASHINGTON — Angry lawmakers heaped another round of blistering criticism on Wells Fargo’s CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed. Chief Executive John Stumpf, newly stripped of tens of millions in compensation, told the House Financial Services Committee that the bank is expanding its review of accounts and will evaluate executives’ roles.

BING NEWS:
  • Wells Fargo Announces Preliminary Voting Results of 2024 Annual Meeting of Shareholders
    Garcia was CEO and president of Revlon, and he has also held senior leadership positions at Colgate-Palmolive, The Timberland Company, Chanel, and Procter & Gamble. Wells Fargo & Company (NYSE: WFC) ...
    04/29/2024 - 2:30 pm | View Link
  • Wells Fargo tells state court why it should toss out $34M lawsuit from former CEO
    Wells Fargo wants a California state court to toss out a lawsuit filed by former CEO Timothy Sloan who claims the bank owes him $34 million in compensation.
    04/17/2024 - 10:00 am | View Link
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