Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
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Bank of America, Wells Fargo and U.S. Bank are among the institutions taking advantage of regulatory tailwinds to get more aggressive.
October 15 -
The megabank's scale hasn't made it immune from the deposit wars that have crimped bank profits. But the "stabilization" that Wells Fargo flagged is a positive sign as other banks start reporting earnings.
October 11 -
Wall Street banks are expected to capitalize on ultra-low credit spreads and strong demand from investors after they report quarterly results.
October 10 -
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.
October 9 -
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.
October 9 -
Elena Gallo will replace Mara Holley, who is retiring.
October 8 -
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.
September 26 -
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.
September 26 -
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.
September 25 -
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.
September 24