Wells Fargo Board Claws Back $28M More From Ex-CEO

Ed. Note: This article first appeared in Bloomberg Wells Fargo’s board clawed back an additional $28 million from former CEO John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt’s stock options after determining they were among senior managers who failed to heed warnings of spreading sales abuses for more than a decade. The bank’s

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