News

The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...
The Motley Fool. DATE Tuesday, July 15, 2025, at 10 a.m. EDT CALL PARTICIPANTS Chief Executive Officer — Charlie ScharfChief Financial Officer — Mike Santomassimo Need a quote from one of our analysts ...
Wells Fargo& Co. reported Tuesday another in a series of steady-as-you-go financial performances for the second quarter as the bank emerges from the Federal Reserve's final consent order. Diluted ...
As a result, Wells Fargo predicts Boeing will sell between $10 billion and $15 billion in new stock to account for lost earnings, according to an analyst note dated Oct. 9. Boeing previously ...
A class of plaintiffs who are former investors of Wells Fargo sued the bank in 2022, claiming that it conducted fake job interviews to get around the company’s diversity guidelines.
The class plaintiffs interviewed former Wells Fargo employees who testified they knew about sham job interviews conducted to skirt diversity requirements.
Wells Fargo said net charge-offs on loans tied to the struggling commercial real estate sector roughly doubled from a year earlier to $184 million in the third quarter and that the bank expected ...
The Hard Truth About Workplace Tragedies: Why Wells Fargo’s Loss Doesn’t Require a New Policy A Wells Fargo employee’s death recently sparked outrage–but is it really a sign of a broken ...
Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years.
The June jobs report comes at a pivotal moment for markets as investors assess how quickly the US labor market is cooling.
Since the start of 2021, Wells Fargo has eliminated 19,096 job positions, or 7.1%, for an overall workforce total of 249,435 as of Dec. 31.