Wells Fargo claws back another US$75m from former executives
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New York
WELLS Fargo took back another US$75 million in pay from two former executives who played key roles in the bank's fake accounts scandal, the bank's board announced on Monday.
The US banking giant said it demanded or "clawed back" an additional US$28 million from former chief executive John Stumpf, who led the bank at the time of the scandal, and US$47 million from former community banking chief Carrie Tolstedt, whose division was at the heart of the problem.
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