Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...

The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...

The CEO's compensation increasted to $31.2 million for 2024, marking a 7.6% rise from the $29 million he earned in 2023.

Wells Fargo CEO Charles Scharf has flagged his bolder plans for the corporate and investment bank several times in the past year, and doubled down on that earlier this month – saying previous ...

Jon Weiss, co-CEO of corporate and investment banking at Wells Fargo, has informed the company of his intention to retire.

Company has disclosed the compensation details for its CEO and President, Charles W. Scharf, who will receive $31.2 million for his performance in 2024. The announcement was made following approval by ...

Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter results. Many banks, such as Bank of America, ...

Wells Fargo & Company reported strong Q4 results, with CEO Charles Scharf optimistic about ... are being made to enhance corporate investment banking and grow the FX business.

Fees from investment banking jumped 59% from last year, showing further progress in Scharf's attempts to make the once-sluggish group a better competitor to heavyweights like JPMorgan Chase or ...

Under Scharf's leadership, Wells Fargo has sought to diversify its revenue by bolstering fee-based businesses, including investment banking and trading. Santomassimo also said losses would be ...

Wells Fargo & Company (WFC) announced that the independent members of the Board of Directors approved CEO and President Charles ...