Bank was losing millions of dollars a month on card launched with Bilt.

The company argues that the number of alleged bogus job interviews with diverse candidates is “vanishingly small.” ...

Wells Fargo released its latest U.S. Economic Outlook report, offering a measured assessment of current economic conditions.

UST yields rose across the curve in response to the employment report with the two-year rising nearly 10 basis points while ...

The first six months of President Donald Trump’s second term in office have been marked by sweeping policy actions — ...

The Dow Jones Industrial Average rose 442.88 points, or 1.05%, to 42,762.62, the S&P 500 gained 61.02 points, or 1.03%, to 6,000.32 and the Nasdaq Composite gained 231.50 points, or 1.20%, to ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...

Since the start of 2021, Wells Fargo has eliminated 19,096 job positions, or 7.1%, for an overall workforce total of 249,435 as of Dec. 31.

Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years.

A class of plaintiffs who are former investors of Wells Fargo sued the bank in 2022, claiming that it conducted fake job interviews to get around the company’s diversity guidelines.

Wells Fargo said net charge-offs on loans tied to the struggling commercial real estate sector roughly doubled from a year earlier to $184 million in the third quarter and that the bank expected ...

The Hard Truth About Workplace Tragedies: Why Wells Fargo’s Loss Doesn’t Require a New Policy A Wells Fargo employee’s death recently sparked outrage–but is it really a sign of a broken ...