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Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with commercial bankers ...
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
Wells Fargo & Co.’s stock fell Tuesday after the bank reported second-quarter profit and revenue that rose above expectations but missed on net interest income, and after it cut its full-year growth ...
This has been a demanding place to work,” Wells Fargo CEO Charlie Scharf said in discussing higher compensation for the bank's workers.
Wells Fargo has agreed to a $3.7 billion deal with regulators to settle charges that it took advantage of customers on their auto loans, mortgages and bank accounts.
Just a week after the Fed removed Wells Fargo's $1.95 trillion asset cap punishment over its fake sales scandal, the bank's CFO detailed new growth plans. Over the past five years, risk and ...
Wells Fargo & Co has agreed to pay $1 billion to settle a class-action lawsuit from shareholders over a series of scandals related to the San Francisco-based bank’s treatment of customers. The ...
Federal regulators moved to lift an unprecedented punishment that had handcuffed growth at Wells Fargo WFC-0.91%decrease; red down pointing triangle, a milestone in the bank’s efforts to repair ...
The Federal Reserve on Tuesday voted to scrap a near-$2 trillion asset cap imposed on Wells Fargo over a 2016 scandal that uncovered millions of fake accounts and other consumer abuses.
Wells Fargo agrees to $3.7 billion federal settlement for an array of alleged consumer abuses The settlement includes $2 billion in restitution and a $1.7 billion civil penalty.