Both brokerage firms moved a customer’s uninvested cash from a brokerage account into an interest-bearing account, violating ...

In 2020, the bank agreed to pay a $3 billion fine to federal prosecutors and the SEC over its practices. Also that year, 11 former Wells Fargo senior executives were charged by the comptroller’s ...

Wells Fargo Advisors, the bank’s brokerage unit, recruited a former UBS advisor team that oversaw $1.6 billion in assets ...

Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf ...

Company has disclosed the compensation details for its CEO and President, Charles W. Scharf, who will receive $31.2 million for his performance in 2024. The announcement was made following approval by ...

The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago ...

An analyst from Barclays has decided to maintain their Overweight rating on Wells Fargo, which currently sits at a price target of $90. * An analyst from Truist Securities has decided to maintain ...