News

The Federal Reserve is loosening a major restriction on Wells Fargo (WFC) that was put in place following a fake accounts ...
The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset ...
The US Federal Reserve lifted asset growth restrictions on Wells Fargo, imposed after a fake accounts scandal in 2018. CEO ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
We’re not done, but we’re a hell of a lot closer to the end than the beginning, at this point,” the CEO said Wednesday.
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
On the C-SPAN Networks: Charles Scharf is a President and CEO for the Wells Fargo Bank with eight videos in the C-SPAN Video Library; the first appearance was a 2014 Forum as a CEO and Corporate ...
Wells Fargo CEO Charles Scharf warned severance costs this quarter could hit nearly $1 billion as the mega bank prepares for fresh layoffs in the coming year. “We’re looking at something like ...
Jan 25 (Reuters) - Wells Fargo (WFC.N), opens new tab said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million. The compensation consists of a base salary of ...