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A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...
We’re not done, but we’re a hell of a lot closer to the end than the beginning, at this point,” the CEO said Wednesday.
Wells Fargo Chief Executive Officer and President Charles Scharf told lawmakers Tuesday that the scandal-plagued bank he now leads "had a flawed business model" and a structure and culture that ...
announced on Friday that the BNY Mellon leader Charles W. Scharf had agreed to take the post. The hiring of Mr. Scharf, 54, makes good on a promise by Wells Fargo’s board this year to look ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
Wells Fargo CEO Charles Scharf warned severance costs this quarter could hit nearly $1 billion as the mega bank prepares for fresh layoffs in the coming year. “We’re looking at something like ...
Jan 25 (Reuters) - Wells Fargo (WFC.N), opens new tab said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million. The compensation consists of a base salary of ...
Wells Fargo CEO Charles Scharf announced on Friday that the bank's 4,349 locations across the US will undergo significant cosmetic changes to improve customer experience and employee engagement.
Wells Fargo & Co. increased Chief Executive Officer Charles Scharf’s pay to $31.2 million for 2024, a year in which the bank entered a key phase of its effort to escape a Federal Reserve shackle ...
(Reuters) -Wells Fargo said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million. The compensation consists of a base salary of $2.5 million and a total ...