Charles Scharf News

14.10 / 16:58

COST FIVE wellness Trade reports Profiles Wells Fargo shares jump after earnings top Wall Street expectations

Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise.

21.12 / 12:43

FIVE CEO Fighting President country Major US bank becomes first to have a unionized branch

Wells Fargo & Co. is now the first major US bank to have a unionized workforce.

27.01 / 11:03

compliance Wells Fargo chief bags $24.5m despite compliance troubles

Wells Fargo kept its chief executive’s pay flat last year while he dealt with the bank’s extensive regulatory problems.

19.10 / 21:39

JPMorgan Here's what the Wells Fargo cross-selling scandal means for the bank's growth

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22.09 / 20:47

Blockchain Man CEO Bitcoin Crypto is a ‘decentralized Ponzi scheme’- This CEO has bitter stance

Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”

21.09 / 17:47

CEO JPMorgan Chase Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus

WASHINGTON—The heads of seven of the largest U.S. banks are set to face questions from Congress on hot-button issues including money-transfer scams, the state of the U.S. economy and a credit- and debit-card code that identifies when purchases are made at firearms stores.

30.06 / 02:15

UPS CEO rate hikes The Fed has been clear, but the economy still isn't ready for the big rate hikes ahead, Wells Fargo CEO says

Wells Fargo CEO Charles Scharf said he is betting on «more significant rate hikes» as the Federal Reserve tries to rein in high inflation, and that the economy is not as prepared as it should be.

01.06 / 11:17

US Banking Senate tells Wells Fargo to fix risk, governance issues

Wells Fargo must fix its governance and risk-management issues, the chairman of the US Senate Banking Committee said, highlighting what he called a “laundry list” of consumer abuses and compliance breakdowns.

18.01 / 23:26

NASDAQ DOW JPMorgan bank stocks week Dow drops 200 points Friday as bank stocks get hit, market posts second losing week to start 2022

Major bank stocks declined after their earnings reports on Friday, weighing on the U.S. markets as Wall Street notched a second straight negative week to start the year.

07.12 / 18:27

Waves Lowe's CEO Low Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic

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