Co-CEO, Wells Fargo
Wells Fargo's Co-CEO of Investment Banking Jon Weiss to Step Down
(Reuters) - Wells Fargo's co-CEO of corporate and investment banking (CIB), Jon Weiss, has informed the bank of his intention to retire and will step down from his position effective immediately, the company said on Thursday. Weiss, who has had a two-decade-long career at Wells Fargo, served in a number of roles. He will formally retire on June 1.
Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf ...
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...
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 ...
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
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 ...
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
Wells Fargo analyst Gabe Hajde lowered the firm’s price target on Packaging Corp. (PKG) to $236 from $253 and keeps an Overweight rating on the shares. Despite Wednesday’s share price reaction, ...
Tyrese Maxey’s Philadelphia 76ers (19-27) will host the Denver Nuggets (28-19) at Wells Fargo Center on Friday, January 31.
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