Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
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Charles Scharf has since apologized that his comments in a virtual meeting this summer were "misinterpreted."
September 23 -
The senior executives, all from the company’s consumer banking unit, agreed to pay six-figure fines in connection with the 2016 unauthorized account scandal.
September 22 -
It’s the latest team to exit the wirehouse as profit suffers.
September 15 -
The company's outgoing CFO discussed ways the asset cap is stunting growth, but provided no updates at an industry conference on when the restriction might be lifted or the types of jobs it will cut.
September 15 -
The bank is more diligent than its rivals in helping to reduce the spread of coronavirus, according to a new study.
September 4 -
Sales are tumbling and gravitating to different products as Wells Fargo settles a FINRA case and researchers examine the defunct fiduciary rule.
September 3 -
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This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.
August 25 -
The slate of new hires come from several competitors including Wells Fargo and Edward Jones.
August 25 -
The bank is under growing pressure to lower costs.
August 21
