The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 ...

Wells Fargo & Co. workers are calling on the bank to end its “divisive anti-union campaign” and update its bargaining ...

It’s a sign that Wells Fargo is making progress to resolve past problems, Charlie Scharf, Wells Fargo’s CEO since 2019, said in a statement. “Wells Fargo is a different company today ...

The Fed said the asset cap it imposed is not affected by the move. Wells Fargo CEO Charles Scharf said in a statement that the Fed's moves show "clear, meaningful progress." "Wells Fargo is a ...

Being freed from the 2011 orders "is another important sign that we continue to make clear, meaningful progress to resolve our historical matters," Wells Fargo CEO Charlie Scharf said in a press ...

Rivas took sole control of Wells Fargo’s corporate and investment bank at the end of January, and with it a mandate from Chief Executive Officer Charlie Scharf to grow the firm’s presence on ...

Those two orders were imposed in 2011 due to deficiencies in the bank's legacy mortgage servicing business and Wells Fargo Financial unit. Charlie Scharf, Wells Fargo's CEO who has led the company ...

Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has validated the work required in the 2018 compliance consent order and has terminated the enforcement ...

Keith Horowitz, an analyst at Citigroup, said in a research note on Thursday that the recent removal of numerous consent orders validates Scharf's regulatory and risk management priorities and the ...

This is the tenth consent order closed by Wells Fargo’s regulators since 2019. Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has validated the work ...