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