Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million, according to a securities filing made public Thursday.
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
Co-CEO Of Corporate & Investment Banking, Jon Weiss
· 22h · on MSN
Wells Fargo's co-CEO of investment banking Jon Weiss to step down
· 1d
Wells Fargo investment bank co-CEO to retire
Weiss, Co-CEO of Wells Fargo Corporate & Investment Banking to Retire
Wells Fargo announced that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire. Weiss, who has been with Wells Fargo for nearly 20 years, will step down as Co-CEO effective immediately and will formally retire on June 1,
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on
Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Arthur J Gallagher & Co (AJG – Research Report) today and set a price target
An individual was robbed at gunpoint at a Wells Fargo ATM in Opa-locka, prompting a police search for the suspect, who remains at large. Miami-Dade Crime Stoppers offers a $5,000 reward for information.
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) 0.71% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) 0.36% U.S. Bancorp Dep. Pfd ...
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
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