When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for a widespread scandal involving the creation of fake customer accounts, CEO ...

The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve ...

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 ...

According to the Office of Inspector General report, the FBI under James Comey treated the Hillary Clinton email server scandal negligently ...

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 ...

Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study ...

A Wells Fargo customer was surprised to receive a "cryptic notice" and a cashier's check from the firm compensating him for ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study suggests.