The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...

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 ...

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...

Wells Fargo’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year growth outlook, offsetting profit and revenue beats.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

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 stock soared more than 2% in after-hours trading following the announcement. Shares had closed at $75.65, up from $59.34 a year ago. The bogus accounts scandal toppled two Wells Fargo ...

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 ...

NEW YORK (Reuters) -U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank’s growth had its roots in 2016.

Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty Fourth-largest U.S. bank can gather deposits, increase loans and expand its Wall Street businesses By ...