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.

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.

The notion of a co-CEO is not new. But the idea also feels like a huge waste, at least to some, who wonder why two people need that high-paying

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

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.

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

In a letter addressed to the CEO of Wells Fargo, employees asked for the union to be recognized voluntarily, adding that a petition had been filed with the National Labor

A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged $2.8 billion in deals since its formation a year ago, according to a statement seen by Bloomberg News.

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.