Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million, according to a securities filing made public Thursday.
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on
Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Arthur J Gallagher & Co (AJG – Research Report) today and set a price target
An individual was robbed at gunpoint at a Wells Fargo ATM in Opa-locka, prompting a police search for the suspect, who remains at large. Miami-Dade Crime Stoppers offers a $5,000 reward for information.
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) 0.71% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) 0.36% U.S. Bancorp Dep. Pfd ...
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or gift cards. Third-party payment services send this form to taxpayers who cross the reporting threshold and a copy goes to the IRS, as well.