Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...

In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with commercial bankers ...

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 ...

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 ...

Wells Fargo has agreed to pay $1 billion to avoid the burden and expense of going to trial over a lawsuit where shareholders claimed the bank overstated how well it was complying with the Fed's ...

In March, Wells Fargo confirmed that some customers’ direct deposits were not showing up but that their accounts “continue to be secure,” according to an NBC News report. The bank has also ...

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. The Consumer Financial ...

Wells Fargo expects to book an expense of about $3.5 billion in its fourth quarter earnings, including costs from the CFPB penalty, customer remediation and litigation, the company said.

Wells Fargo has been the target of regulators since at least 2011, when reports of its strategy to cross-sell multiple products to customers first emerged. In 2020, ...

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.