Jon Weiss, co-chief executive officer of Wells Fargo & Co.’s corporate and investment bank, plans to depart, leaving Fernando ...

Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million ...

The bank — once the envy of the industry — could finally be allowed to grow again.Seven years into a US cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...

He will formally retire on June 1. "Since Jon started leading CIB in early 2020, CIB net income is approximately 40% higher" said Wells Fargo CEO Charlie Scharf. Fernando Rivas, who has been ...

"Since Jon started leading CIB in early 2020, CIB net income is approximately 40% higher" said Wells Fargo CEO Charlie Scharf. Fernando Rivas, who has been leading CIB alongside Weiss, will now be the ...

“Jon has a long and distinguished track record of success in financial services, and he has made a lasting impact on Wells Fargo,” said Charlie Scharf, Wells Fargo’s CEO. “Since Jon ...

The loss will actually be fairly acutely felt; word from CEO Charlie Scharf points out that CIB net income was up 40%, while revenue was up 35%, showing that more came in and less was wasted under ...

Wells Fargo paid CEO Charlie Scharf $31.2 million in 2024, the bank disclosed Thursday in a securities filing. That represents a 7.6% increase from the $29 million Scharf received a year earlier. The ...