News

Wells Fargo is making a bold move involving more than 4,000 of its locations nationwide.  According to CEO Charles Scharf, ...
Wells Fargo's leadership is keeping a watchful eye on how businesses are using their credit lines in today's uncertain economic climate.
investors and analysts are more optimistic that the asset cap (imposed in 2019 after the fake account scandal) on Wells Fargo will be lifted this year, following the bank's closure of five ...
Wells Fargo's profit rose 6% in the first quarter as the bank cut costs and set aside less money to cover potential loan ...
Progress to Fix Compliance Issues: Under the leadership of CEO Charlie Scharf, Wells Fargo is strengthening its compliance framework. The bank's improved risk management techniques have received ...
Wells Fargo & Company’s WFC stock jumped 4.9% since the release of its first-quarter 2025 results on April 11, 2025. Despite ...
Wells Fargo chief executive Charlie Scharf cautioned that because of the Trump administration's roller coaster approach to ...
Among Wells Fargo’s close peers, Bank of America BAC and Citigroup Inc ... imposed on Wells Fargo following the fake account scandal in 2018 would be lifted this year. The optimism fuelled ...
Wells Fargo is still operating under a $1.95 trillion asset cap that prevents the bank from growing until regulators deem it has fixed problems from a 2016 fake accounts scandal. The asset cap has ...
Wells Fargo is led by chief executive officer Charlie Scharf, who took on the role in 2019, following the company’s wide-ranging sales practices scandal that first came about in 2016.