Wells Fargo is likely to beef up its wholesale businesses by adding market share in commercial banking, corporate and investment banking and trading. The bank has closed seven regulatory punishments, ...

The bank will reinstate a requirement to assemble a “diverse slate” of job candidates while adding flexibility, according to an internal memo. By Emily Flitter Wells Fargo is reactivating a ...

Wells Fargo reported a 50% decline in profit for the fourth quarter as the bank racked up more than $3 billion in costs related to a fake accounts scandal and boosted loan loss reserves for a ...

Wells Fargo has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter said on Tuesday.

Wells Fargo faces plenty of challenges as the bank grapples with loan losses amid a weakening economy.

Wells Fargo's plan to make big reductions in its mortgage business could mean more jobs losses at the company’s offices in the Des Moines metro, where the region's largest private employer ...

Wells Fargo faces potential losses of up to $3 billion on its office building loans over the next 3-4 years. The bank’s balance sheet is de-risked, with full reserves set aside for potential losses.

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it conducted sham job interviews of non-white and ...

Here are some things Wells Fargo CEO Charlie Scharf said about the office real estate market, on the post-earnings call with analysts, according to a FactSet transcript: \\--"In commercial ...

Wells Fargo had hoped to build its young customer base through a partnership with rental payment platform Bilt. It succeeded in that, but the card is costing the bank millions.