Wells Fargo, on Tuesday, July 14, says it lost $2.4 billion in the second quarter, the first quarterly loss for the bank since the real estate crash of 2008. (AP Photo/Damian Dovarganes, File ...

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 & Co. has started its long-awaited job ... its first quarterly loss in more than a decade and slashed its dividend by 80%. The reductions at Wells Fargo may now test the resolve of ...

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, ...

Wells Fargo & Co. is suspending new job cuts, ... Stanley in pledging to preserve jobs as the pandemic roils markets and businesses, and raises the prospect of deep losses across the industry.

Wells Fargo plans to cut as many as 26,500 jobs over the next three years as it adjusts to changing consumer behavior and works to recover from a series of scandals that have gripped the bank for ...

Wells Fargo & Co resumed job cuts in early August after it paused layoffs in March because of the COVID-19 pandemic, a spokeswoman said on Friday. Aug 21 (Reuters) - Wells Fargo & Co WFC.N resumed ...

Wells Fargo is considering cutting thousands of jobs as part of a broad strategic review to restore the bank’s profits from unsustainably low levels, according to a person familiar with the ...

Wells Fargo & Co's loan book is performing better than many of its peers and better than even the bank expected in the middle of the last year, thanks to factors including higher house prices and ...

Wells Fargo suspended the policy on June 6 after The Times reported that a former employee in the bank’s wealth management business had complained that he was being forced by his bosses to ...