Wells Fargo CFO says has not considered giving back recent bonuses
Published Fri, Oct 14, 2016 · 11:54 PM
[NEW YORK] Wells Fargo & Co CFO John Shrewsberry said Friday he has not considered giving back bonuses he has earned following a scandal over unauthorized accounts.
The CFO made the comment in an interview with CNBC, adding that his compensation is paid out over several years to address situations such as the current scandal.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge
Rescue pup to meme star: the real-life ‘Dogecoin’ dog