ALSO READTrying to calm investors, Wells Fargo CEO emphasizes stability, jokes about Olympics Trying to calm investors, Wells Fargo CEO emphasises stability, jokes about Olympics Wells Fargo sees no end yet to sales scandal costs, gets tax boost Wells Fargo CEO Sloan's pay rose 35 percent in 2017 to $17.6 million Wells Fargo's chief risk officer to retire
Sloan, who said in January that the bank was not certain it had fully uncovered and fixed all problems related to the scandal, was among the top executives who did not receive cash bonuses for 2016. (http://reut.rs/2Ds9UlI)
Earlier this month, Wells Fargo said it was examining its wealth and investment management business for possible customer abuse, including overcharging and inappropriate referrals, after inquiries from government agencies.
Chief Financial Officer John Shrewsberry's compensation for 2017 was $11.9 million, compared with $9.3 million in the previous year.
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