News

Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...
Mike Mayo, Wells Fargo Securities senior bank analyst, joins 'Squawk Box' to discuss the state of the banking sector, what to ...
Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in ...
No bank had previously been placed into such a program, known as an asset cap. The Fed required Wells to fix it culture and redo its entire risk and compliance departments in order to address its ...
Shares of Wells Fargo & Co. fell in early Tuesday, after the bank reported second-quarter profit and revenue that rose above ...
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
The Fed required Wells to fix it culture and redo its entire risk and compliance departments in order to address its problems. Since taking over in 2019, Scharf’s goal has been to convince the Federal ...
The Fed won't allow Wells Fargo to profit from these loans. Instead, the bank will be required to donate benefits from the emergency programs to the US Treasury or Fed-approved nonprofits.
Wall Street has become too optimistic — once again — about the likelihood of rate cuts from the Federal Reserve, according to ...
The Federal Reserve is loosening a major restriction on Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, and the fourth-largest US bank will no longer have ...
Fed lifts Wells Fargo restrictions placed after fake-accounts scandal Published: Jun. 03, 2025, 2:57 p.m. A sign for a Wells Fargo location is seen on Tuesday, May 14, 2024, in Portland.