When Charlie Scharf took over as chief executive of Wells Fargo in fall 2019, the bank was less than two years into what ...

The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...

The decision to rejoin the CEO and chairman roles comes roughly two months after regulators removed an asset cap that had ...

Wells Fargo & Company, a US-based financial services giant, is set to give the additional charge of Chairman to its current CEO, Charles Scharf. Reportedly, the move is taken by the bank as an award ...

Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...

Charlie Scharf was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake account scandal.

Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the banking industry. Years after its fake-accounts scandal drew public ...

The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake ...