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Wells Fargo Names Scott Powell Chief Operating Officer
Allen Parker To Leave Wells Fargo To Pursue Other Business Opportunities
Wells Fargo & Sets Quarterly Dividend Of $0.51 Per Share
Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company offers its services under three categories: personal, small business and commercial. It provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
420 Montgomery St
Elizabeth A. Duke
Independent Chairman of the Board
Charles W. Scharf
President, Chief Executive Officer, Director
William M. Daley
Vice Chairman of the Board - Public Affairs
John R. Shrewsberry
Chief Financial Officer, Senior Executive Vice President
Chief Operating Officer
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A top U.S. banking regulator has rebuked Wells Fargo & Co's <WFC.N> human resources department for what it called the bank's backlog of employee complaints and compensation structures, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
A top U.S. banking regulator has rebuked Wells Fargo & Co's human-resources department, citing backlog of employee complaints and compensation structures, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago.
Wells Fargo & Co on Monday named Scott Powell chief operating officer, effective Dec. 9.
Wells Fargo & Co <WFC.N> said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.
Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.
At least seven vendors have given Wells Fargo & Co <WFC.N> a partial refund for their services after bank executives pressured the contractors to return 2.5% of revenue earned last year, according to sources familiar with the matter.
The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co <WFC.N> to pay more than $14 million to settle charges it provided "misinformation" when conducting a large foreign exchange trade with a counterparty, the agency said in a statement on Friday.
Wells Fargo & Co <WFC.N>, which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase <JPM.N> executive and previous White House official, William Daley, to head public affairs.
Wells Fargo & Co’s <WFC.N> new chief executive, Charlie Scharf, told employees this week he is more hands-on in his early days than at his previous CEO roles in order to tackle the bank’s regulatory and operational problems as staff grilled him about everything from growth...
A federal judge in Marshall, Texas has denied Wells Fargo’s motion for summary judgment in a patent-infringement lawsuit filed by United Services Automobile Association over two patents related to mobile-check deposits, clearing the way for a jury trial scheduled to begin...
Wells Fargo & Co <WFC.N> has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the matter said this week.
Wells Fargo & Co <WFC.N> reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than three years ago.
Wells Fargo & Co reported a 26% fall in quarterly profit on Tuesday, as the lender braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago.
The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's first year-over-year earnings per share decline in three years.
Wells Fargo & Co <WFC.N> is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7...
Wells Fargo & Co is adding to teams that process mortgage loans to prepare for higher mortgage volumes, according to a memo viewed by Reuters shows.
After a difficult, months-long search for a new chief executive, scandal-plagued Wells Fargo & Co <WFC.N> named as its next leader Charles Scharf, a one-time Jamie Dimon protégé known on Wall Street as a detail-oriented number cruncher who excels in streamlining operations.
Wells Fargo & Co on Friday named Charles Scharf, the chief executive officer of Bank of New York Mellon, to its top job.
Wells Fargo & Co <WFC.N> said on Tuesday it will pilot its own digital currency powered by blockchain to help move cash across borders and between branches in real time.
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