1. Wells Fargo CEO's Pay Raise Draws Rare Fed Response

    Wells Fargo CEO's Pay Raise Draws Rare Fed Response

    (Reuters) - Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, the bank said on Wednesday.

    Sloan’s base salary remained flat at $2.4 million, he earned $14 million stock awards and the board awarded him a $2 million bonus based on the bank’s financial performance and other factors, according to a company filing...

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