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The House Financial Services Committee is expected to question two of the bank's former board members, raising public scrutiny to a new level for bank directors.
March 8 -
The bank said it was Sloan's decision to retire, but a new report from House Democrats reveals that Fed and OCC officials made moves behind the scenes in 2018 and 2019 to pressure the bank's board to remove him.
March 5 -
The bank's announcement comes a week before CEO Charlie Scharf and two board members will testify on Capitol Hill.
March 4 -
Under CEO Charlie Scharf, the bank that has historically viewed itself as more Main Street than Wall Street is becoming deeply embedded in the nation’s financial capital and its hard-charging culture.
February 26 -
The 10-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.
February 21 -
Mike Weinbach will lead consumer lending as part of a reorganization that will change the responsibilities of three longtime bank executives.
February 11 -
Michael Cleary will report to Scott Powell, who had been his boss at Santander Bank.
February 6 -
The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.
January 14 -
Wells Fargo & Co. may have a new leader, but the work of reinvigorating the firm after years of troubles is far from over.
January 14 -
Estimates for 2020 are for a combined profit drop of $10 billion as global interest rates remain stubbornly low and geopolitical tensions stay high.
January 10