wells fargo

Wells Fargo CEO Charlie Scharf apologized for saying that there has been a lack of diversity in the bank’s upper ranks because of a shallow pool of minority talent. Scharf sent an all-staff memo Wednesday morning after reports swirled Tuesday that...

Charlie Scharf is kicking more folks off the stagecoach. The Wells Fargo chief has resumed layoffs after his plans were stymied by the onset of the coronavirus, and will move forward with deeper job cuts as he gets back to cutting costs at the...

The Wells Fargo stagecoach is still broken.

Wells Fargo fell short of Wall Street estimates for third-quarter profit Wednesday with the bank reporting a 57 percent drop in profit, clocking nearly $1 billion in expenses tied to a years-long sales scandal, while near-zero interest rates hurt its...

Wells Fargo has reportedly fired more than 100 staffers after an internal investigation found they had fraudulently applied for and received coronavirus relief funding for themselves. The embattled megabank made the disclosure in a memo to staffers,...

Wells Fargo is exploring a sale of its asset management business, in what would be the bank’s biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said. The...

The feds slapped ex-Wells Fargo chief John Stumpf and the bank’s former community banking head Carrie Tolstedt with fresh civil charges and fines over their roles in the fraud scandal that rocked the bank in 2016. The Securities and Exchange...

Wells Fargo is still being haunted by its history of ripping off customers.

Kyrie Irving was back on the shelf Saturday night, but the Nets hope it’s only a one-game absence. The star point guard missed the Nets’ 124-108 loss to the 76ers at Wells Fargo Center because of a sprained right index finger that he suffered in...

Wells Fargo could be getting out of the Federal Reserve’s naughty corner, and the megabank’s much-maligned stock is taking a rare move upwards on the news. According to a Wednesday report from Bloomberg, the Fed has indicated that it will accept...

Shares of Discovery and ViacomCBS tumbled on separate downgrades from Wells Fargo on Friday, as analysts expressed concerned that the media companies’ recent gains may be overblown. In early-day trading, ViacomCBS saw its stock sink more than 12...

Was there something inspiring and feel-good about all this? Sure. The Nets trailed the 76ers by 22 points with under 8 ½ minutes left at Philadelphia’s Wells Fargo Center on Wednesday. The irregulars were in, the Sixers’ regulars were either...

Sam Burns had been the leader or co-leader at some point in nine PGA Tour events this season. Last weekend, he was finally able to keep the lead and not look back to win the Valspar Championship by three strokes over Keegan Bradley at a price of 70/1...

The local police and FBI are responding to an active hostage situation at a Wells Fargo bank in St. Cloud, Minnesota.

There is an active hostage situation stemming from an attempted bank robbery at a Wells Fargo in St. Cloud, Minnesota, according to the bank and law enforcement officials.

CHARLOTTE, N.C. — Phil Mickelson has gone nine months since he finished among the top 20, and it looks as though that streak is about to end at the Wells Fargo Championship. The 50-year-old Mickelson kept his focus Thursday at Quail Hollow and...

CHARLOTTE, N.C. — Rory McIlroy found his comfort zone at Quail Hollow and left with a trophy he badly needed. McIlroy closed with a 3-under 68 and made it tough on himself at the end Sunday, driving into the hazard left of the 18th fairway and...

McIlroy said on Sunday he nearly withdrew from the Wells Fargo Championship before the start of the tournament after tweaking his neck on the range on Wednesday.

It was perhaps no coincidence Rory McIlroy, an 18-time winner on the PGA Tour with four major championship victories, had gone some 550 days without a win before Wells Fargo.

Wells Fargo is shutting down all existing personal lines of credit and is not offering the consumer lending product anymore, CNBC reported on Thursday.