American businessperson, the chief executive officer and president of Wells Fargo (born 1965)
Wells Fargo has worn its dunce cap long enough: The problem child of U.S. banking has been sitting on the naughty step for six long years ...
reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
Wells Fargo Hires Deutsche Bank’s Barth for Leveraged Finance: Wells Fargo & Co. hired Alexandra Barth, co-head of leveraged finance at Deutsche Bank AG ...
bloomberg.com/news/articles/2024-04-09/wells-fargo-hires-deutsche-bank-s-barth-for-leveraged-finance
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Wells Fargo Plans $95-a-Year Travel Credit Card to Rival Sapphire Preferred: Wells Fargo & Co. unveiled a new credit card and is bolstering how it rewards ...
bloomberg.com/news/articles/2024-03-06/wells-fargo-plans-95-a-year-card-to-rival-sapphire-preferred
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The board of Goldman Sachs awarded CEO David Solomon a 24% compensation increase for 2023 despite a profit decline and a dealmaking slowdown ... Show more yhoo.it/3OM0pWe
Wells Fargo Names Braunstein, JPMorgan Veteran, as Vice Chairman: Wells Fargo & Co. appointed Doug Braunstein, a previous finance chief at JPMorgan Chase ...
bloomberg.com/news/articles/2024-02-27/wells-fargo-names-braunstein-jpmorgan-veteran-as-vice-chairman
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Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
cnbc.com/2024/02/15/wells-fargo-says-consent-order-tied-to-2016-scandal-lifted.html
Wells Fargo raises CEO Charles Scharf's 2023 pay to $29 mln: Wells Fargo (WFC.N) said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 ...
reuters.com/business/wells-fargo-raises-ceo-charles-scharfs-2023-pay-29-mln-2024-01-25/
Wells Fargo gives $1,000 bonus to its lower-paid employees: Workers are eligible for the one-time cash grants if they earned a salary of less than $75 ...
americanbanker.com/news/wells-fargo-gives-1-000-bonus-to-its-lower-paid-employees
‘More aggressive’ job cuts are coming to Wells Fargo, the bank’s CEO says: Wells Fargo CEO Charlie Scharf is planning to take an aggressive approach with layoffs ...
charlotteobserver.com/news/business/article282736968.html
Quick Glance: Wells Fargo CEO Forecasts High Severance Costs
- The CEO of Wells Fargo, Charlie Scharf, anticipates severance costs in the fourth quarter to exceed $750 million.
- There is a focus on efficiency as turnover decreases and internal actions need to be intensified.
- Lifting the consent orders is a top priority for management.
- In the third quarter, Wells Fargo set aside $359 million for potential credit losses on office real estate, bringing the total allowances to $2.6 billion for the first nine months of 2023.
Wells Fargo workers form 1st union at a US megabank: Employees at a branch in Albuquerque voted to unionize.
abcnews.go.com/Business/wells-fargo-workers-form-1st-union-us-megabank/story
Quick Glance: Wells Fargo Unionizes in New Mexico
- Albuquerque branch of Wells Fargo votes to unionize
- Bethel branch in Alaska withdraws union election petition
- Walker Sexton, personal banker at Bethel branch, explains the decision to withdraw the petition
- Sabrina Perez, bank worker at Albuquerque branch, shares the significance of the victory
Jamie Dimon Says Wells Fargo Is ‘Coming Back’ Under His Former Protege: Jamie Dimon said Charlie Scharf is creating a formidable competitor in Wells Fargo & ...
bloomberg.com/news/articles/2023-10-13/dimon-says-wells-fargo-is-coming-back-under-his-former-protege
Wells Fargo (WFC) Names Tom Nides Vice Chairman in Major Hire for CEO Scharf: Tom Nides, one of Wall Street and Washington’s most connected executives ...
bloomberg.com/news/articles/2023-09-22/nides-named-wells-fargo-vice-chairman-in-another-banking-return
Wall Street Underdog Wells Fargo Grabs Highest Share in Years: Wells Fargo & Co. grabbed the most trading and dealmaking market share in years ...
bloomberg.com/news/articles/2023-07-19/wall-street-underdog-wells-fargo-grabs-highest-share-in-years
Wells Fargo Lifts Net Interest Income Guidance on Rate Hikes: Wells Fargo & Co. earned more net interest income than analysts expected in the second quarter ...
bloomberg.com/news/articles/2023-07-14/wells-fargo-lifts-net-interest-income-guidance-on-rate-hikes
Wells Fargo (WFC) Jumps on New $30 Billion Buyback Plan, Dividend Boost: Wells Fargo & Co. climbed in late trading Tuesday after announcing plans to ...
bloomberg.com/news/articles/2023-07-25/wells-fargo-jumps-after-approving-new-30-billion-buyback-plan
Wall Street banking CEOs not sweating recession: Banking chiefs are optimistic the nation might just avoid a recession.
axios.com/2023/07/17/bank-earnings-ceos
Wells Fargo CEO says there will be losses in office loan portfolio: Wells Fargo & Co's (WFC.N) Chief Executive Officer Charlie Scharf said on Wednesday that ...
reuters.com/markets/wells-fargo-ceo-says-there-will-be-losses-office-loan-portfolio-2023-05-31/
Wells Fargo CEO Says ‘There Will Be Losses’ From US Office Loans: Wells Fargo & Co. Chief Executive Office Charlie Scharf said there are significant risks to ...
bloomberg.com/news/articles/2023-05-31/wells-fargo-ceo-says-there-will-be-losses-from-us-office-loans
US banks squeezing lending for 2 good reasons, warns Wells Fargo CEO: Charlie Scharf told a conference in New York that some lenders were just being "more ...
markets.businessinsider.com/news/stocks/us-banks-office-loan-losses-squeezing-lending-wells-fargo-2023-6
Wells Fargo CEO Says Regulators Acted Correctly in Bank Failures: Wells Fargo & Co. Chief Executive Officer Charlie Scharf said US banks such as his shouldn’t be ...
bloomberg.com/news/articles/2023-05-02/wells-fargo-ceo-says-regulators-acted-correctly-in-bank-failures
Wells Fargo CEO Says ‘There Will Be Losses’ From US Office Loans: Wells Fargo & Co. Chief Executive Office Charlie Scharf said there are significant risks to ...
bloomberg.com/news/articles/2023-05-31/wells-fargo-ceo-says-there-will-be-losses-from-us-office-loans
Wells Fargo’s Mack, Onetime CEO Contender, to Retire This Summer: Mary Mack, head of consumer and small-business banking at Wells Fargo & Co ...
bloomberg.com/news/articles/2023-04-13/wells-fargo-consumer-small-business-ceo-mary-mack-to-retire-lgf8x82l
Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients
cnbc.com/2023/02/22/wells-fargo-boosts-digital-connection-with-rich-clients.html
Wells Fargo Just Landed Another Hotel Credit Card: Choice Hotels International Inc. will move its co-brand credit-card portfolio to Wells Fargo & Co ...
bloomberg.com/news/articles/2023-02-14/choice-hotels-signs-co-brand-credit-card-deal-with-wells-fargo
Wells Fargo CEO won’t see a raise this year, as his compensation stays at $24.5 million
charlotteobserver.com/news/business/banking/article271824527.html
Wells Fargo Holds CEO Scharf’s Pay at $24.5 Million for 2022: Wells Fargo & Co. kept Chief Executive Officer Charlie Scharf’s pay at $24.5 million for 2022 ...
bloomberg.com/news/articles/2023-01-26/wells-fargo-holds-ceo-scharf-s-pay-at-24-5-million-for-2022
Wells Fargo Hoped Fed Sanction Would Be Brief. Today It Turns 5: When regulators hit Wells Fargo & Co. with an unprecedented cap on growth ...
bloomberg.com/news/articles/2023-02-02/wells-fargo-hoped-fed-sanction-would-be-brief-today-it-turns-5
Wells Fargo taps Morgan Stanley veteran Jeff Hogan as new co-head of M&A: Wells Fargo & Co (WFC.N) on Wednesday named a top Morgan Stanley banker as its new ...
reuters.com/markets/deals/wells-fargo-taps-morgan-stanley-veteran-jeff-hogan-new-co-head-ma-2023-02-08/
Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
cnbc.com/2023/01/10/wells-fargo-once-the-no-1-player-in-mortgages-is-stepping-back-from-the-housing-market.html
Wells Fargo misses profit estimate on higher reserves, scandal costs: Wells Fargo & Co (WFC.N) on Friday reported a 50% decline in profit for the fourth quarter ...
reuters.com/business/finance/wells-fargo-profit-falls-50-higher-reserves-2023-01-13/
Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations: The Consumer Financial Protection Bureau cited improper overdraft fees, account freezes ...
nytimes.com/2022/12/20/business/wells-fargo-consumer-loans-fine.html
Wells Fargo ordered to pay $3.7 billion for past scandals. Here's why we see it as a positive
cnbc.com/2022/12/20/wells-fargo-to-pay-3point7-billion-for-past-scandals-it-could-be-a-positive.html
Paid articlePaid Wells Fargo faces another setback with $1.7 billion penalty: The bank has been ordered to pay billions in fines to settle investigations stemming from its ...
finance.yahoo.com/news/wells-fargo-faces-another-setback-120000348.html
Inside Wells Fargo's tech strategy reorg, new approach to products: At Wells Fargo, Ather Williams III leads a strategy and digital team that's shaping how the ...
businessinsider.com/wells-fargo-tech-strategy-reorganization-product-development-2022-12
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