Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered the ...
Charlie Scharf has a mostly optimistic take on Wells' consumer banking prospects entering 2026. But he's more downbeat about ...
Wells Fargo said Friday revenue at its consumer bank fell to $9.124 billion in the third quarter from $9.581 billion a year ago. Consumer, small and business banking revenue fell to $6.222 billion ...
Wells Fargo & Co. Inc. said average loans fell to $910.3 million in the third quarter from $943.2 million in the year-earlier period. Average deposits rose to $1.342 billion from $1.340 billion a year ...
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Wells Fargo is closing all of its existing personal lines of credit, sparking outrage from consumers and advocates. A spokesperson for the bank said Wells Fargo made the decision last year as part of ...
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and ...
WASHINGTON (Reuters) -Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio.
Wells Fargo (WFC) could face losses of up to $3 billion on its commercial real estate (CRE) office loan portfolio over the next three to four years, according to CEO Charlie Scharf. Speaking at an ...