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. After the New York ...

The Motley Fool. DATE Tuesday, July 15, 2025, at 10 a.m. EDT CALL PARTICIPANTS Chief Executive Officer — Charlie ScharfChief Financial Officer — Mike Santomassimo Need a quote from one of our analysts ...

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...

Wells Fargo& Co. reported Tuesday another in a series of steady-as-you-go financial performances for the second quarter as the bank emerges from the Federal Reserve's final consent order. Diluted ...

This Friday, Aug. 11, 2017, file photo shows a sign at a Wells Fargo bank location in Philadelphia. (AP Photo/Matt Rourke, File) SAN FRANCISCO (CN) — A federal judge ruled early Monday morning that ...

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. People are also reading… ...

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.

Wells Fargo faces potential losses of up to $3 billion on its office building loans over the next 3-4 years. The bank’s balance sheet is de-risked, with full reserves set aside for potential losses.

Wells Fargo has set aside money to cover losses tied to commercial property loans, as have many other banks in recent quarters. The sector has been under intense pressure from higher interest ...