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The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and wealth management now that it has shed a major growth restriction imposed last decade by ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the US and for a time made the bank the most valuable in the nation.
Wells Fargo Chief Executive Charlie Scharf at the Future of Everything conference. (Nikki Ritcher for WSJ) Wells Fargo Chief Executive Charlie Scharf said companies remain in solid shape but are ...
A top Wells Fargo official said to expect more layoffs at the bank and a decrease in office space as the bank looks to continue to reduce expenses. Wells Fargo is based in San Francisco but has ...
For example, Wells Fargo—one of the biggest banks in the ... with technology like generative AI.” Scaling for the Future The successful modernization project with MongoDB has enabled Pogalur ...
Wells Fargo & Co. said late Monday it expects to increase its third quarter dividend to 30 cents a share, from 25 cents a share, subject to approval by the company's board at its July meeting.
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