(Refiles to correct story links) Jan 29 (Reuters) - Wells Fargo awarded CEO Charlie Scharf $40 million in compensation for 2025, up 28% from $31.2 million a year earlier, the bank said in a filing on ...
Wells Fargo has agreed to pay $85 million to settle a lawsuit alleging it engaged in “sham” diversity hiring practices, according to court documents filed Oct. 15. According to the 2022 lawsuit, SEB ...
Wells Fargo reported website problems Thursday, attributing them to a cyberattack that created a " traffic jam." Wells, on Facebook, told customers to keep trying to log on to its website "as the ...
NEW YORK/TORONTO (Reuters) -Wells Fargo CEO Charlie Scharf said on Wednesday he expects the U.S. bank's workforce to decline further as it focuses on efficiency. "It's likely we'll have less headcount ...
NEW YORK (Reuters) -Credit among consumers and businesses remains strong, despite recent concerns about loan losses that have weighed on bank stocks, Wells Fargo CEO Charlie Scharf said on Tuesday.
It is no longer considered to be a bank "trying to regain credibility" by the markets, but a bank that the market has already decided to price at a premium. The goal of this analysis will be to assess ...
For seven years, Wells Fargo fought with one arm tied behind its back. But on June 3 2025, the US Federal Reserve finally delivered the news the bank had been waiting for: the US$1.95trn asset cap was ...
Add Yahoo as a preferred source to see more of our stories on Google. A sign is posted in front of a Wells Fargo bank office on April 11, 2025 in San Rafael, California. (Justin Sullivan / Staff via ...
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