News

The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...
I would like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time.
Charlie Scharf was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake ...
The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.
Wells Fargo said the actions reflect the board's desire to keep Scharf as CEO, a post he has held since joining in 2019, and to recognize his leadership in transforming the San Francisco bank as it ...
(Reuters) -Major U.S. lender Wells Fargo said on Thursday its board of directors intends to appoint CEO Charlie Scharf as chairman. The move comes after Scharf led Wells Fargo to be released from a ...
They're still your child. But when they turn 18, they are also an adult. And that means you lose access to big parts of their life.
In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the ...
The president also called for agency guidance to enable employers to offer tax-free reimbursement for AI-related training.
AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.
A Wells Fargo customer was surprised to receive a "cryptic notice" and a cashier's check from the firm compensating him for float fees charged more than a decade ago. A lawsuit followed.
HONG KONG (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second ...