(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 ...

By Arasu Kannagi Basil and Nivedita Balu Jan 14 (Reuters) - Wells Fargo missed analysts' profit estimates in the fourth quarter on Wednesday, after it booked $612 million in severance expenses as part ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Wells Fargo is among big banks ...

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.

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 ...

The company is one of the first major financial institutions to relocate its high-net worth banking division to the region.

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 ...

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 ...