Clawbacks news and trends

Wells Fargo Claws Back Another $75M
Legal // April 11, 2017

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing investigations into the company’s sales practices, namely the unauthorized accounts scandal that arose last year. On Monday, Wells Fargo’s board...

What Went Wrong At Wells
Banking // April 11, 2017

Despite the fact that banking scandals and large fines handed down by the CFPB have become something of a de rigueur part of life for those who work in financial services over the last several years, Wells Fargo certainly managed to turn some heads last...

$75M In Additional Clawbacks From Wells Fargo Execs on Sales Practices
Investments // April 10, 2017

An additional $75 million in executive pay has been clawed back from two past executives as part of the ongoing fallout from investigations into sales practices at Wells Fargo. The action comes in the wake of a 113-page report released Monday (April 10) tied to...

Interviews & Exclusives
A Tale of Two Banks

April 14, 2017
Strength for JPMorgan and weakness for Wells, but with, maybe, a green shoot? Fortunes and earnings varied, but digital made inroads at both.

Quick Reads
Wells Fargo Claws Back Another $75M

April 11, 2017
Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing investigations into the company’s sales practices, namely the unauthorized accounts scandal that arose last year. On Monday, Wells Fargo’s board committee released an 113-page report that detailed the bank’s decision […]

$75M In Additional Clawbacks From Wells Fargo Execs on Sales Practices

April 10, 2017
An additional $75 million in executive pay has been clawed back from two past executives as part of the ongoing fallout from investigations into sales practices at Wells Fargo. The...