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Wells' CIB revenues have grown despite the asset cap, and the bank has continued to make senior hires. Last year it lured ...
Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.
Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his time at Wells Fargo fighting through a thicket of consent orders, lawsuits ...
Federal regulators on Tuesday lifted Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal that had prevented it from growing for the past seven years — a major turning ...
Wells Fargo reported that all of its remaining four listed executives were paid $1.75 million in base salary, all unchanged from 2022 and 2021. Fernando Rivas, co-chief executive of its Corporate ...
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Wells Fargo & Company (NYSE:WFC) Q1 2025 Earnings Call TranscriptFernando Rivas, joined Wells Fargo & Company last year with nearly 30 years of industry experience is now the sole CEO of a corporate and investment banking. We are also focused on expanding our ...
As a young dealmaker at a rival bank, Fernando Rivas was one of the architects of the crisis-era merger that created the modern Wells Fargo & Co. Now, he’s running that firm’s most important ...
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