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Shares of the bank have touched a 10-year low.
May 18 -
Unlike recent affairs that were marred by protests, this year's meeting — held online because of the coronavirus outbreak — went smoothly as investors overwhelmingly approved the bank's slate of directors and executive compensation plan.
April 28 -
Its prediction that business conditions will remain weak this year — and into next year — stands in stark contrast to forecasts from political leaders that the economy will rebound quickly from the coronavirus pandemic.
April 14 -
The changes mean smaller universes for some of Wells Fargo’s long-standing business leaders.
February 11 -
It’s been a long tail for the firm that began with the 2016 revelation that employees had opened millions of fake accounts to meet sales goals.
January 27 -
Some of Wall Street's most prominent executives have this in common: a long tenure.
January 22 -
“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”
December 27 -
Scott Powell will oversee the bank’s relations with regulators as it seeks to shed a Federal Reserve-imposed asset cap.
December 3 -
Allen Parker led Wells Fargo during its six-month search for a new chief executive officer.
November 14 -
The hiring marks Charlie Scharf’s first major leadership appointment since he took over the embattled bank last month.
November 11