Wells Fargo CEO John Stumpf went to Washington on Thursday (Sept. 29) for the second time this month. And it was not exactly a lark the latest go round. The executive faced grilling from the House Financial Services Committee from members across both sides of the...
Warren Buffett, whose Berkshire Hathaway remains among the largest shareholders of beleagured Wells Fargo, said on Thursday (Sept. 29) that he has not, contrary to one published report by a research firm, been agitating for “radical transformation” at the bank. The billionaire told CNBC that he...
In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at the helm of the company. The executive was quoted on CNBC as stating: “I think the best thing I could...
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 a committee appointed by the company’s board. In addition, reported […]
September 30, 2016
Wells Fargo CEO John Stumpf went to Washington on Thursday (Sept. 29) for the second time this month. And it was not exactly a lark the latest go round. The...
September 30, 2016
Warren Buffett, whose Berkshire Hathaway remains among the largest shareholders of beleagured Wells Fargo, said on Thursday (Sept. 29) that he has not, contrary to one published report by a...
September 14, 2016
In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at the helm of the company....
