Higher-than-expected repayments in auto loans and credit cards prompted Wells Fargo to reduce its charge-offs, or debts that are unlikely to be recovered. The bank also reduced the amount of money set ...

U.S. banking giants reported resilient consumer spending despite tariff tensions, with profits bolstered by dealmaking.

The tools will give employees real-time market insights, help navigate extensive documentation and improve customer service.

The award will vest on a pro rata basis in three equal installments in July 2029, July 2030 and July 2031, the company’ s 8- K filing with Securities Exchange Commission shows. From 2002 to 2016, ...

"If I were Charlie Scharf, I’d be negotiating for the same standing — especially after spending the better part of six years ...

Bearish options flow identified in Wells Fargo (WFC), with shares down $2.83 near $77.81. Options volume relatively light with 68k contracts ...

Perella Weinberg Strikes Deal for Advisory Firm Specializing in Red-Hot Market The boutique investment bank is buying Devon Park Advisors, a big player in continuation-fund deals. Krispy Kreme, ...

The decision to rejoin the CEO and chairman roles comes roughly two months after regulators removed an asset cap that had ...

U.S. lender Wells Fargo said on Thursday its board of directors planned to appoint the lender's CEO Charlie Scharf as its ...

The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...

When Charlie Scharf took over as chief executive of Wells Fargo in fall 2019, the bank was less than two years into what ...

Wells Fargo is acknowledging its chief executive Charlie Scharf 's role in turning the company around in the wake of its bogus-account scandal, announcing plans of a hefty award and a promotion, ...