News

Wells Fargo scandals and sanctions entanglements began in 2016. Here’s the list
For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...
Banking Dive3d
Wells Fargo offloads $4.4B railcar business
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.
Wells Fargo has finally shed its dunce cap
Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his ...
Wells Fargo CEO Scharf enters growth era with eye on Wall Street
Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...
Cap-free Wells Fargo could be a fashion faux pas
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
Chase, Bank of America and Wells Fargo enter a new era with the digital dollar
The financial system in the United States is undergoing a major transformation, and three of the country’s biggest ...
The Daily Hodl13d
JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report
Top US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report. JPMorgan Chase, Bank of ...
Wells Fargo Shares Hit Three-Month High as Fed Ends Growth Freeze
(Reuters) - Wells Fargo shares rose more than 3% in premarket trading on Wednesday, after the U.S. Federal Reserve lifted a ...