News

S&P Global 'positive' on Wells Fargo as regulatory burden lifts
S&P Global upgraded its outlook on Wells Fargo to "positive" from "stable", the ratings provider said on Friday, after the ...
What’s next for Wells Fargo as growth limit penalty ends? Finance experts weigh in
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The Wells Fargo Center’s signage has been removed from arena exterior ahead of name change
On Sept. 1, the Wells Fargo Center will officially become the Xfinity Mobile Arena after 15 years. The changeover has already ...
Wells Fargo CEO goes from fixer to builder as regulators lift punishments
By Nupur Anand, Lananh Nguyen NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but ...
GATX Corporation to Present at 2025 Wells Fargo Industrials and Materials Conference
Robert C. Lyons, president and chief executive officer, GATX Corporation (NYSE: GATX), will present at the 2025 Wells Fargo ...
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...
Cap-free Wells Fargo could be a fashion faux pas
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
Wells Fargo has finally shed its dunce cap
Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his ...
Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
The Preferred Stock Of Wells Fargo Is Offering A 52-Week High Dividend Yield Of 6.6%
Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend ...