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Wells Fargo giving top executives higher salaries

By The Examiner
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Wells Fargo & Co. said Thursday it is increasing the salaries for its top four executives, including CEO John Stumpf.

Executive compensation at banks has been a hot-button topic in recent months, especially for firms like Wells Fargo that received government bailout funds last fall. Wells Fargo received $25 billion as part of the Treasury Department’s Troubled Asset Relief Program, which was launched at the peak of the credit crisis.

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