Charlie Scharf News

15.01 / 12:25

Progressive CEO wellness Trade performer reports Profiles Wells Fargo shares jump after earnings beat, strong 2025 guidance

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14.02 / 15:03

CEO JPMorgan economy Citigroup wellness Trade Here’s what the Big Bank CEOs got paid in 2025

Subscribe to enjoy similar stories. The chief executives of the largest U.S. banks together raked in $258 million in compensation for 2025, after a strong economy and buoyant Wall Street propelled their businesses to record levels.

13.07 / 08:39

markets COST UPS wellness performer Wells Fargo slides as higher-than-expected costs tarnish quarterly results

Wells Fargo & Co. shares suffered their biggest intraday drop since the depths of last year’s regional-bank crisis as the lender’s second-quarter results were marred by higher-than-expected costs.

13.07 / 01:40

COST CEO wellness Trade reports Wells Fargo shares tumble after net interest income falls short of estimates

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations.

13.06 / 18:25

Software Reddit TikTok wellness Simulation pandemic Investigations Wirehouse sacks staff after investigating allegations of faking work

Wells Fargo & Co. fired more than a dozen employees last month after investigating claims that they were faking work.

10.05 / 21:19

Target Career CEO JPMorgan wellness reports Relationships Why are senior JPMorgan execs ‘jumping’ to Wells Fargo?

Just as it has targeted senior executives from JPMorgan Chase & Co. to lead its revamped wealth management business, Wells Fargo & Co. is turning to JPMorgan to fill out the top spots in its investment banking group, which is smaller than competitors.

12.04 / 11:27

COST wellness Trade show performer reports Wells Fargo shares fall as lower interest income cuts into profits

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15.02 / 19:09

UPS CEO Action Research wellness prevention Scandals Wells Fargo's 2016 'consent order' terminated by US regulator OCC

By Niket Nishant and Nupur Anand

26.01 / 21:41

UPS Progressive CEO awards wellness performer Wells Fargo hikes CEO Scharf’s pay to $29M for 2023

Wells Fargo & Co. lifted Chief Executive Charlie Scharf’s pay to $29 million for 2023, a year in which profit grew and the bank’s shares outperformed those of rivals.

13.01 / 00:27

COST Booking CEO Citigroup wellness performer 2024 Wells Fargo warns of lower interest income in 2024, shares drop

By Noor Zainab Hussain, Manya Saini and Carolina Mandl

12.01 / 15:03

COST Action economy wellness performer reports Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

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05.12 / 16:45

Cap on Wells Fargo assets will cause pain eventually, Scharf says

Wells Fargo Chief Executive Charlie Scharf said the Federal Reserve’s asset cap isn’t doing much to limit his bank’s activities at the moment but he expects it will in the future.

05.12 / 14:11

Booking CEO country Costs Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

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29.11 / 22:57

Waves CEO JPMorgan President reports Wells Fargo loses another executive, this time to LPL

Another senior executive has left the wealth management group at Wells Fargo & Co., the giant bank that has been overhauling its financial advice business since Charlie Scharf took the reins as CEO in 2019.

13.10 / 18:31

UPS CEO JPMorgan economy Citigroup show Major US banks show profit boost, but some caution from consumers

NEW YORK (Reuters) -Major U.S. banks said on Friday higher interest rates boosted profits, sending shares sharply up, even though they said the economy was slowing and saw signs of some caution in consumer behavior.

13.10 / 14:15

COST UPS Compilation economy reports Q3 Wells Fargo Q3 earnings beat estimates

Wells Fargo & Co. beat analysts’ expectations for net interest income in the third quarter and again raised its full-year guidance as the bank continues to benefit from higher interest rates.

13.10 / 13:13

economy reports analyst Wells Fargo jumps as earnings top analyst estimates

Wells Fargo & Company (NYSE:WFC) shares rose more than 3% in pre-open Friday after the banking titan reported better-than-expected results for its third quarter.

13.10 / 13:05

CEO economy Wells Fargo shares rise after third-quarter results top Wall Street expectations

Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset slowing lending activity.

25.09 / 11:45

UPS FIVE JPMorgan Platform Chase Hudson gossips Wells Fargo attracting advisors to fast-growing indie channel

Three years and nearly $1 billion later, Wells Fargo & Co. is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management.

22.09 / 14:55

COST Career CEO Bill gossips reports Wells Fargo names Tom Nides vice chairman

Tom Nides, one of Wall Street and Washington’s most connected executives, is joining Wells Fargo & Co. as vice chairman as the firm continues to work its way past years of scandal.

14.08 / 17:53

Target CEO Strategy LinkedIn Enterprise Former Wells Fargo private bank execs gather assets at new firm

A number of the old guard of senior managers in the wealth management business at Wells Fargo & Co. have been leaving over the past couple years. At least one, Jack Ginter, has rapidly built a substantial new enterprise over that time.

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