Business Report: Wells Fargo Scandal

Wells Fargo is still dealing with the fallout from its sales practices scandal.

The bank is firing four senior managers and also voted to deny any 2016 bonuses to the executives.

Any unvested stock and stock options were also forfeited.

The San Francisco based bank’s internal investigation of the scandal is expected to be completed before its annual stock holding meting in April.

Any findings and additional actions will be made public at the meeting.

Comments

comments