The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...

American multinational financial services company Wells Fargo is reported to have eliminated 400 jobs, mainly in the ...

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.

As a result, Wells Fargo predicts Boeing will sell between $10 billion and $15 billion in new stock to account for lost earnings, according to an analyst note dated Oct. 9. Boeing previously ...

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& 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 ...

The class plaintiffs interviewed former Wells Fargo employees who testified they knew about sham job interviews conducted to skirt diversity requirements.

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 ...

The Hard Truth About Workplace Tragedies: Why Wells Fargo’s Loss Doesn’t Require a New Policy A Wells Fargo employee’s death recently sparked outrage–but is it really a sign of a broken ...

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.

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.

A Wells Fargo employee's death recently sparked outrage--but is it really a sign of a broken culture? Something horrible happened recently at a Wells Fargo office. A woman, Denise Prudhomme, died ...