Wells Fargo execs get bigger stock awards instead of bonuses

Top executives at Wells Fargo, including new Chief Executive Tim Sloan, are set to get significantly larger stock awards for 2016, the same year the bank’s fake-accounts scandal came to light.

Earlier this month, the San Francisco-based bank declared that Sloan and seven other top executives wouldn’t get bonuses this year as part of “ongoing efforts to promote accountability and ensure Wells Fargo puts customer interests first,” according to a board statement.

Read more in The New York Post