The News: Layoffs at Wells Fargo

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Wells Fargo Freezes Pension Plan and Cuts 548 Jobs [Dealbook]

AIG actually awarded much more in bonuses [The Deal]

FDIC chief calls for systemic risk council [InvestmentNews]

The Man Who Helped Wreck BofA [Daily Beast]

A Vintage Idea for Restarting the I.P.O. Market [Bits]

People

Wells Fargo's Todd Loehnert Named President of Surety Bond Producers Group [CNBC]

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