Wells Fargo Chief Executive Tim Sloan said the company had made progress in strengthening its compliance and governance programs and "make things right for our customers." Wells Fargo executives did," the group said. "Wells Fargo is spending some of this benefit on share buybacks, which boost the price and senior management compensation. On balance, these are good times for Wells Fargo executives." Shares of Wells Fargo rose 2.0 percent to $52.56.

Source: Bangkok Post April 20, 2018 21:45 UTC