Wells Fargo’s John Stumpf resigns, still makes millions
Wells Fargo CEO John Stumpf resigns in the wake of a massive scandal over fraudulent, unauthorized customer accounts, but is keeping millions in compensation. Edward Harrison has the details. Bianca Facchinei takes a look at San Francisco’s “Proposition Q,” which will forcibly relocate the homeless if approved by voters. Ameera David reports from Goa, India on preparations for the upcoming BRICS 2016 summit.
Eswar Prasad, Senior Fellow at The Brookings Institution and author of “Gaining Currency,” tells Ameera of the potential pitfalls for the Chinese Yuan and what India needs to do to keep up its stunning growth. In The Big Deal, Alex Mihailovich breaks down the latest on the Canadian-European Union “CETA” free trade deal, which just got a boost from Germany and Canada.
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