With rampant backsliding on climate pledges, dozens of major companies have recently begun abandoning or weakening their ...

Wells Fargo Investment Institute strategist in their 2025 Midyear Outlook report outlined five key portfolio positioning ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...

Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief executive officer has cleared away the firm’s biggest impediment to growth: ...

Wells Fargo & Company WFC entered ... and commodities business, to Cantor Fitzgerald as part of its ongoing strategy to streamline operations. The initial close of the transaction between UBS ...

Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture between railcar lessor GATX Corporation and Brookfield Infrastructure .

“This transaction is consistent with Wells Fargo’s ongoing strategy of simplifying our ... Our investment management business generates asset-based fees, which are calculated as a percentage ...

Wells Fargo has accelerated the strategy this year ... While adding branches alone won’t necessarily increase business, Wells Fargo is hoping to attract new customers as it sets up shop in ...

Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion. However, net income ...

Wells Fargo is selling its longtime headquarters ... That will give Scharf more flexibility to pursue his strategy of growing the credit card business and investment banking operations.