Wells Fargo Bank Scandal

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Wells Fargo boosts first-quarter profit

Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth

Wells Fargo's profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday that U.S. tariffs risk slowing economic growth.

Winston-Salem Journal · 1d

Wells Fargo boosts first-quarter profit, warns of slower US economy

Wells Fargo chief executive Charlie Scharf cautioned that because of the Trump administration's roller coaster approach to tariffs, "We expected continued volatility and uncertainty, and are prepared

MarketWatch · 2d

Wells Fargo CEO sees more volatility due to tariffs, is ready for slower economy

The bank’s stock falls as revenue falls below forecasts, but profit tops as one-time items and share buybacks provided a big boost

The Mirror US on MSN2d

Major changes coming to over 4,000 Wells Fargo locations nationwide

Wells Fargo CEO Charles Scharf announced on Friday that the bank's 4,349 locations across the US will undergo significant ...

Courthouse News Service2d

Wells Fargo Must Fully Compensate Victims in Account-Scandal Settlement

Wells Fargo also faces a shareholder class action claiming its board of directors breached its fiduciary duty by failing to stop the bogus accounts scandal that is expected to cost the bank ...

2don MSN

Wells Fargo profit rises on wealth management strength

Wells Fargo's profit rose 6% in the first quarter, driven by robust performance in its wealth management business. Shares of ...

American Banker16d

Wells Fargo clears another consent order, now down to three

Wells Fargo has checked more boxes in its progress toward fixing its once-scandal-laden consumer businesses ... terminated a 2021 action related to loss mitigation practices in the bank's home ...

The Daily Hodl8d

Wells Fargo Ordered To Pay $832,000,000 in Damages After Jury Finds Lender Mismanaged and Charged Unauthorized Fees on Trust Fund for 2,000 Children

Wells Fargo is on the hook for hundreds of millions of dollars after a jury in Florida found the bank charged unauthorized ...

Citigroup Vs Wells Fargo: Which Bank Stock is a Smarter Investment?

Both C and WFC's progress with strategic initiatives to unlock growth looks encouraging. Read on to know which is a better investment option now.

Devdiscourse2d

Wells Fargo Thrives Amid Tariff Turmoil but Faces Regulatory Hurdles

Wells Fargo's profit increased by 6% in the first quarter due to higher fees in wealth management and investment banking.

I'm Cautious On Wells Fargo Heading Into Q1 Earnings

Wells Fargo Q1 earnings look strong, but economic concerns weigh on long-term prospects. Read more about WFC stock here.

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