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Wells Fargo has marked a significant milestone in its transformation journey with the removal of the asset cap. This development comes as the company continues to deliver stronger financial results, ...
This has been a demanding place to work,” Wells Fargo CEO Charlie Scharf said in discussing higher compensation for the bank's workers.
Q2 2025 . Management View. Jane Nind Fraser, CEO, reported "another very good quarter with net income of $4 billion, earnings per share ...
A top deputy to Texas A.G. Ken Paxton gave the “inside story” on how he threatened Wells Fargo’s bond business and a lawsuit to make it crumble.
Futures on Wall Street reversed early losses and are trading with gains, particularly those on the Nasdaq. Futures on the Dow ...
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
Investors eager for a growth story from Wells Fargo & Co. after its long-anticipated release from a Federal Reserve asset cap ...
termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...
Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
Wells Fargo surpassed second-quarter profit expectations but revised its net interest income forecast for 2025, causing ...
Wells Fargo reported earnings per share of $1.60 on total revenue of roughly $20.8 billion. EPS beat FactSet estimates easily, while revenue came in slightly higher than estimates.
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