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Charlie Scharf was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake ...
U.S. lender Wells Fargo said on Thursday its board of directors planned to appoint the lender's CEO Charlie Scharf as its chairman and to award him a one-time special equity grant of $30 million in ...
The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake ...
In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the ...
Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...
According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...
The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve ...
Wells Fargo & Company (NYSE:WFC) is one of the stocks that Jim Cramer shared insights on. Coming to the company as part of his game plan for the week, Cramer commented: “I care tremendously ...
Wells Fargo CEO Charlie Scharf tells analysts Tuesday that bank-based advisors helped juice his firm's asset flows by $16 billion in the second quarter.
However, management also lowered full-year guidance for net interest income. stocks we like better than Wells Fargo › Shares of Wells Fargo (NYSE: WFC) are trading roughly 5.5% lower as of 10:44 ...
The largest US bank by assets and deposits is expected to show net income in the quarter of about $12.8bn, according to estimates compiled by Bloomberg. This would be down 30 per cent from a year ago, ...
JPMorgan CEO Jamie Dimon hit back at allies of President Trump on Tuesday, warning that the independence of the Federal Reserve is “absolutely critical” amid a move by GOP bigwigs to force under-fire ...
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