JPMorgan Chase, Bank of America, Citigroup and other big banks have committed to reaching net-zero emissions by 2050. But their execution is lagging behind their pledges, according to a new report by the environmental group.

The legendary investor has been reducing his 13-year-old stake in BofA. It's the most recent instance of Buffett profiting from a big bet on a troubled financial institution.

Elena Gallo will replace Mara Holley, who is retiring.

The San Francisco-based bank has submitted a third-party review of its risk and control overhauls for the central bank's analysis and sign-off, according to people familiar with the matter.

Fercho is the first Black woman executive to report to Wells Fargo's chief executive officer, and she partners with the CEOs of the five lines of business at Wells Fargo to implement DEI principles. 

The latest lawsuit accuses the firm of not only failing to look out for clients' best interests but also failing to secure "reasonable returns" on money held in retirement accounts.

Kerrins is leading efforts to simplify the technology used at the $1.9 trillion-asset Wells Fargo, including an investment in four new data centers.

Patterson, general counsel for Wells Fargo, joined the bank in 2020 and works to improve the bank's risk and control standards.

Under McShane's guidance, Wells Fargo became No. 1 in real estate investment banking for the first time, achieving a market share of 15.2%.

Bank of America is planning to open 165 new branches by the end of 2026. As brick-and-mortar locations remain critical for adding new customer accounts, JPMorgan Chase and Wells Fargo are also making targeted additions to their branch networks.