Popolare di Lodi takes over Wells Fargo (or the reverse?)

grande_francobollo

 

http://www.ft.com/cms/s/0/769b5460-790a-11e6-97ae-647294649b28.html#axzz4JzeLnjqh

Financial Times is reporting that Wells Fargo might have added over two millions new bank accounts without the owner of these accounts being aware of their “luck”.

It seems that the executive that was in charge of this special department, has received about USD 45 millions in compensation for her services to the bank since 2011.

Let’s keep an eye on it and understand if the bank will claw back any of the bonuses and out of which pockets, then we can appreciate how different sizes, different schools, different legal environment can show different side effects.

Somewhat out of context, you might be interested in knowing that the next Mille Miglia will take place from May 18th until May 22nd next year, the sister event in California is planned  from April 23rd until April 27th.

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