Wells Fargo CEO gets $ 173 mln

Wells Fargo CEO gets $ 173 mln

World October 13, 2016 12:24

- Wednesday stepped up CEO of Wells Fargo Bank hit discredited it gets $ 137.1 million. The US bank sacked 5,000 workers since they opened accounts for customers without there knew anything about.

That amount at the departure of the CEO reports Equilar, a market researcher.

John Stumpf (63) was under heavy fire in recent weeks after the layoff in one of the largest US banks. He continued as director outside shot and refused to leave.

Especially his attempt to blame the fraud issue fully into the shoes of low-paid bank employees, caused bad blood.

American politicians who heard executives from Wells Fargo asked him to resign emphatically. The bank would engage in practices that dated back and seemed to be eradicated long before the credit crisis.

To achieve the ambitious production targets of the consumer division, employees had opened more than two million accounts without the customer previously had given permission.\n  \n  \n   advertisement

Wells Fargo is to market the second largest bank in the world with $ 86 billion in sales in 2015 and early this year 265. 000 employees, was awarded a penalty imposed $ 185 million.

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