In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

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 ...

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 ...

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.

A top Wells Fargo official said to expect more layoffs ... every quarter and have a plan to continue to incrementally get better and better.” Santomassimo also said that attrition rates at ...

Wells Fargo neither admitted nor denied the ... betrayed the trust of the plan’s current and future retirees,” Labor Secretary Marty Walsh said in a statement Monday. “Today’s settlement ...

Wells Fargo’s 401(k ... citing the 2022 Form 5500 that listed three choices: reduce future employer contributions, pay plan expenses, “or make corrective adjustments to participants ...

Wells Fargo rolled out its 2023 compensation plan for advisors earlier than it did last year—and ahead of rival firms. But while the plan’s November unveiling was a surprise, the details are ...

Wells Fargo is paying $131.8 million to 401(k) participants to settle a probe by the DOL. The DOL said it found that the plan overpaid for company stock purchased between 2013 and 2018. Wells ...