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Wells Fargo (WFC) plans to boost its quarterly dividend by 12.5% to $0.45 per share from its current level of $0.40, the company said on Tuesday.
Wells Fargo’s 401 (k) forfeiture suit gets dismissed, aligning with JP Morgan’s dismissal This latest forfeiture lawsuit dismissal aligns with recent decisions from other federal courts ...
An apparent proposal for a regulatory change should benefit large banks. On top of that, an analyst raised his price target on Wells Fargo's shares. Late on Tuesday, Bloomberg reported that ...
Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.
Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.
With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.
The asset cap has put Wells Fargo at a competitive disadvantage compared with its national bank peers JPMorgan Chase & Co., Bank of American Corp. and Citigroup.
Wells Fargo opens its 13th Long Island branch, announces $100K grant for affordable housing in North Bellport with LIHP.
The Fed in 2018 banned Wells Fargo from growing its assets beyond $1.95 trillion in response to a series of sales scandals across several divisions of the bank. Along with the asset cap — the ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.It's a win for Wells ...
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