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

Wells Fargo announced that its board plans to appoint CEO Charlie Scharf as chairman and grant him a one-time special equity award worth $30 million in restricted share rights and stock options. The ...

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

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

Wells Fargo’s board of directors intends to appoint Charlie Scharf, CEO of Wells Fargo, as chairman of the board. When ...

Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie ...

Demand is positive: Demand for goods and services remains positive, supported by healthy consumer and business balance sheets ...

Wells Fargo said on Thursday its board plans to appoint chief executive Charlie Scharf as chair and grant him a one-time special equity award worth $30mn.

The decision to rejoin the CEO and chairman roles comes roughly two months after regulators removed an asset cap that had stunted the San Francisco-based company's growth for seven years.

Champagne flowed outside of the high-rise corner office of Wells Fargo WFC -0.36% CEO Charlie Scharf on Tuesday after regulators lifted a yearslong penalty that restricted the bank’s growth.

The bank’s version of “Liberation Day” finally arrived more than seven years later, on June 4. CEO Charlie Scharf, who was recruited in late 2019 to lead Wells Fargo out of the regulatory ...