Wells Fargo Claws Back Millions From CEO After Scandal

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Wells Fargo Claws Back Millions From CEO After Scandal

Wells Fargo WFC 0.47 % & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank's burgeoning sales scandal, marking one of the biggest rebukes to the head of a major U.S.
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Deutsche Bank Troubles Cast Long Shadow Over European Banking

The Bloomberg Europe 500 Banks and Financial Services Index has declined 4.2 percent in September, making it the worst month since June, when
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Asian Shares Hit by Japan Bank Jitters, Oil Troubles

Weak oil prices and jitters about Japanese banks dragged on Tokyo shares, pulling down markets across the region. The Nikkei Stock Average was off 1.5% in midday trading Wednesday, led by drops in energy, bank and exporter stocks.
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Hillary Clintons Pitch to End Private Prisons Is the Surprise Hit of the Presidential Debate

A focus group in Pennsylvania loved Clinton's attack on prisons that profit from inmates. Her position could help win a decisive victory in the state.
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Rio Olympics Gives Nike a Sales Boost

Results easily topped Wall Street's expectations. The Rio Summer Olympics helped give Nike the golden performance it needed. Heading into Tuesday's earnings report, Wall Street had fretted about the strength of the world's largest athletic gear maker …
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