Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page on several federal penalties and billions of dollars in fines. The ...

San Francisco-based Wells Fargo accounted for 20% of the $300 billion the nation’s banks have lent to private credit providers, business development companies, private equity firms and other nonbank ...

Wells Fargo CEO and President Charlie Scharf is set to receive a significant pay increase, with the bank’s board of directors approving a total compensation package of $40 million for last year.

The Wells Fargo Board of Directors plans to name CEO and President Charlie Scharf chairman of the board, a move that it said signaled approval of his leadership in the company’s transformation. Scharf ...

Wells Fargo expects more job cuts and higher severance costs in this quarter that ends in three weeks, bank CEO and President Charlie Scharf said Tuesday at an investors conference in New York. He’s ...

Wells Fargo CEO Charlie Scharf reiterated the bank's plans to keep the headquarters in San Francisco, but said Charlotte and Dallas are eager to lure the HQ away.

Wells Fargo CEO Charlie Scharf said he expects more workforce cuts and higher severance payouts in the fourth quarter during Tuesday’s Goldman Sachs Financial Services Conference in New York City.