News

Wells Fargo CEO goes from fixer to builder as regulators lift punishments
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
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Wells Fargo offloads $4.4B railcar business
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.
Wells Fargo to redeeem $450M of capital securities
Wells Fargo (WFC) announced on Friday the redemption of capital securities worth $450M in principal amount on June 30.
Wells Fargo scandals and sanctions entanglements began in 2016. Here’s the list
For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...
Fed's policy and inflation worries are concerning, says Wells Fargo Securities' Schumacher
Michael Schumacher, Wells Fargo Securities head of macro strategy, joins 'Fast Money' to talk Fed minutes, inflation concerns ...
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SEC slams Wells Fargo, Merrill with $60 million in penalties over clients’ cash
Wells Fargo & Co. reported in November 2023 that it was facing an "advisory account cash sweep investigation" by the SEC. And over the summer, some firms, including Wells Fargo, said they ...
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Wells Fargo To Redeem $450M In Capital Securities On June 30, 2025
Wells Fargo Bank, N.A., announced that the Bank has submitted redemption notices for certain capital securities to the property trustee. The securities, issued by CoreStates Capital II and ...
Stocks could see double-digit returns in year's second half, says Wells Fargo's Chris Harvey
Chris Harvey, Wells Fargo Securities' head of equity strategy, joins 'Closing Bell' to discuss the markets and tariff risks.