News

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.
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.
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
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.
The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.
Wall Street’s top banks just posted second-quarter numbers that blew the lid off estimates, per financial reports reviewed by ...