As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...
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Wells Fargo CEO says Trump administration ‘gives us optimism’ for 2025: ‘We succeed when the country succeeds’Wells Fargo & Company reported strong Q4 results, with CEO Charles Scharf optimistic about an even better 2025 under the incoming Trump administration. “We are predominantly a U.S. bank ...
Wells Fargo & Co. workers are calling on the bank to end its “divisive anti-union campaign” and update its bargaining ...
Wells Fargo as announced another round of layoffs at its Jordan Creek Campus in West Des Moines, according to the state's Worker Adjustment and Retraining Notification website. The company's WARN ...
The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 ...
(Bloomberg) -- The buzz is building inside Wells Fargo & Co.: The bank — once the ... Chief Executive Officer Charlie Scharf has longed to ramp up trading operations. The firm could amass ...
The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 targets it set for sector-specific financed emissions.
Keith Horowitz, an analyst at Citigroup, said in a research note on Thursday that the recent removal of numerous consent orders validates Scharf's regulatory and risk management priorities and the ...
The Fed said the asset cap it imposed is not affected by the move. Wells Fargo CEO Charles Scharf said in a statement that the Fed's moves show "clear, meaningful progress." "Wells Fargo is a ...
Under Scharf's leadership, Wells Fargo has sought to diversify its revenue by bolstering fee-based businesses, including investment banking and trading. Santomassimo also said losses would be ...
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