As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...

The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 ...

Wells Fargo & Company reported strong Q4 results, with CEO Charles Scharf optimistic about an even better 2025 under the incoming Trump administration. “We are predominantly a U.S. bank ...

Wells Fargo & Co. workers are calling on the bank to end its “divisive anti-union campaign” and update its bargaining ...

The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 targets it set for sector-specific financed emissions.

Rivas took sole control of Wells Fargo’s corporate and investment bank at the end of January, and with it a mandate from Chief Executive Officer Charlie Scharf to grow the firm’s presence on ...

This is the tenth consent order closed by Wells Fargo’s regulators since 2019. Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has validated the work ...

Charlie Scharf, Wells Fargo’s CEO, stated, “We are pleased that the OCC has validated the work required in the 2018 compliance consent order and has terminated the enforcement action.

Keith Horowitz, an analyst at Citigroup, said in a research note on Thursday that the recent removal of numerous consent orders validates Scharf's regulatory and risk management priorities and the ...

The Fed said the asset cap it imposed is not affected by the move. Wells Fargo CEO Charles Scharf said in a statement that the Fed's moves show "clear, meaningful progress." "Wells Fargo is a ...