Wells Fargo may claw back some of CEO John Stumpf's compensation

Thomson Reuters Wells Fargo's board of directors is leaning towards clawing back stock-based compensation from Wells Fargo CEO John Stumpf and former head of community banking Carrie Tolstedt, according to the Wall Street Journal's Emily Glazer. Glazer, citing sources familiar with the matter, said that the board is planning to come to a decision of whether it will take back some of the compensation before Stumpf's testimony in front of the House Financial Services Committee on Thursday. It was...