Wells Fargo's co-CEO of corporate and investment banking (CIB), Jon Weiss, has informed the bank of his intention to retire and will step down from his position effective immediately, the company said on 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 & Co. (WFC) announced that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), plans to retire. Weiss, who has

In a letter addressed to the CEO of Wells Fargo, employees asked for the union to be recognized voluntarily, adding that a petition had been filed with the National Labor

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.

While consumers are willing to pay for items, they are being more choosy about which ones to purchase, according to the bank’s chief agricultural economist.

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.

Derivative Path and Wells Fargo have partnered to improve global payments for community and regional banks, supporting Derivative Path’s broader strategy

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.