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Wells Fargo reveals new compensation plan

Jan. 11, 2017 2:21 AM ETWells Fargo & Company (WFC) StockWFCBy: Yoel Minkoff, SA News Editor16 Comments
  • Trying to recover from a scandal driven by aggressive sales targets, Wells Fargo (NYSE:WFC) has unveiled a new compensation structure for branch bankers.
  • The plan will create incentives based on customer service rather than sales goals, is longer-term in nature and includes additional monitoring of sales activities.

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