Wells Fargo & Company reported strong Q4 results, with CEO Charles Scharf optimistic about an even better 2025 under the incoming Trump administration. “We are predominantly a U.S. bank, we succeed when the country succeeds.

Wells Fargo and other large wealth managers have been under scrutiny from plaintiffs' lawyers and regulators for the returns they pay on uninvested cash. It hardly mattered for Wells' bottom line last quarter.

Welcome, and thank you for joining the Wells Fargo Fourth Quarter 2024 Earnings Conference Call. (Operator Instructions) Please note that today's call is being recorded. I would now like to turn the call over to John Campbell, Director of Investor Relations. Sir, you may begin.

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance with law.

Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."

JPMorgan Chase, Citi, Bank of America, U.S. Bank and Wells Fargo postpone payments for damaged or destroyed homes.

Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ

Wells Fargo & Co. WFC CEO Charles Scharf expressed optimism about President-elect Donald Trump‘s return to The White House, citing expectations of business-friendly policies, during the bank’s ...

Guesses for a new headquarters have included Minneapolis, Dallas, Charlotte and New York City, where Wells Fargo’s president now keeps his main office. That came about because Charles Scharf joined Wells Fargo from Bank of New York Mellon and didn’t ...

Our opinions are our own. Wells Fargo launched the Attune card in June 2024 to encourage the health and wellness of the self, one’s pets and the planet. For a $0 annual fee, the card earns an ...

Every published analysis of Well Fargo’s Christmas-week decision to sell its longtime headquarters high-rise deep in San Francisco’s financial district has missed the entire point.

Financial writer highlights Wells Fargo's upgrade of Charles Schwab to Overweight, citing positive production indicators and earnings growth.