Bank was losing millions of dollars a month on card launched with Bilt.

The company argues that the number of alleged bogus job interviews with diverse candidates is “vanishingly small.” ...

Wells Fargo released its latest U.S. Economic Outlook report, offering a measured assessment of current economic conditions.

UST yields rose across the curve in response to the employment report with the two-year rising nearly 10 basis points while ...

Wells Fargo joins several banks, including Goldman Sachs, Morgan Stanley, Bank of America and JPMorgan Chase, in raising their dividends after completing their stress tests, a measure that assesses an ...

The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...

Since the start of 2021, Wells Fargo has eliminated 19,096 job positions, or 7.1%, for an overall workforce total of 249,435 as of Dec. 31.

Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years.

SAN FRANCISCO, March 17, 2025--Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2021 consent order related to loss ...

A class of plaintiffs who are former investors of Wells Fargo sued the bank in 2022, claiming that it conducted fake job interviews to get around the company’s diversity guidelines.

Wells Fargo said net charge-offs on loans tied to the struggling commercial real estate sector roughly doubled from a year earlier to $184 million in the third quarter and that the bank expected ...