It wasn’t exactly a direct reaction to his testimony on the Hill, but Wells Fargo CEO John Stumpf didn’t do himself any favors there, and Wells Fargo’s Board has announced that it will claw back an estimated $41 million in compensation from [still-CEO] Stumpf – NYTimes and WSJ and Bloomberg and Law360

What’s next for the man bringing together solar power and electric cars?  Why, Mars, of course – WSJ and Bloomberg

Hank Greenberg’s been itching for a chance to prove his innocence ever since NY AG Eliot Spitzer levied claims against him more than 11 years ago over Greenberg’s record at AIG. Yesterday, he was finally on the stand – NYTimes and WSJ

Facing mounting challenges at home and abroad, Deutsche Bank announced this morning that it’s agreed to sell its Abbey Life insurance business for about $1.2 billion in an effort to raise capital and simplify its business structure – NYTimes and WSJ

RBS will pay the NCUA $1.1 billion to resolve toxic MBS claims, ending RBS’s role in Kansas and California-based federal actions – Law360

The CFPB has fined Fintech upstart LendUp over “widespread violations of payday- and installment-lending laws.”  LendUp will pay more than $6 million total to California state and federal regulators for its alleged misdeeds – WSJ

Those new claims against Standard Chartered that we discussed yesterday could impact the bank far beyond Indonesia [think the deferred-prosecution agreement SC’s currently operating under here in the US] – NYTimes and WSJ

An interesting look (well, for some of us) at what PHC might possibly look like without the bushy-eyebrowed visage of Garrison Keillor at the helm – NYTimes