In a statement, he accuses Wells Fargo of "wanton greed" and "reckless lack of institutional control." He also called the accounts scandal "a legal and ethical outrage" that must be punished.

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 Fargo, ...

A self-regulatory organization that oversees member brokerage firms and exchange markets just slapped Wells Fargo's ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.

Wells Fargo’s shareholders have grappled with a change at the top twice since the fake-account scandal erupted in late 2016 and led to the exit of CEO John Stumpf.

Wells Fargo & Company’s WFC financials have been influenced by the Federal Reserve's rate-cutting trajectory. Following ...

(Bloomberg) -- Tim Sloan’s biggest achievement of 2018 might be surviving the year as chief executive officer of Wells Fargo & Co. And there’s no sign that 2019 will be easier. Sloan is ...

U.S. lender Wells Fargo said on Thursday its board of directors planned to appoint the lender's CEO Charlie Scharf as its chairman and to award him a one-time special equity grant of $30 million in ...

In 2019, Scharf was appointed CEO and president of Wells Fargo as the San Francisco-based bank faced challenges in the fallout of its 2016 fake sales scandal. From 2002 to 2016, hundreds of thousands ...

SACRAMENTO -- In a statement, he accuses Wells Fargo of "wanton greed" and "reckless lack of institutional control." He also called the accounts scandal "a legal and ethical outrage" that must be ...