Charles Scharf

Democrats beat up on Wells Fargo CEO. GOP says it's time to move on.

03/10/20

House Democrats maintained their criticism of the bank during Charlie Scharf's first hearing, but Republicans suggested it is on better footing now that many top leaders have been replaced.

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Next round of Wells Fargo hearings will shine spotlight on board's role

03/08/20

The House Financial Services Committee will question two of Wells’ board members, raising public scrutiny to a new level for bank directors.

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How regulators maneuvered to oust Tim Sloan at Wells Fargo

03/05/20

The bank said it was Sloan's decision to retire, but a new report from House Democrats reveals that Fed and OCC officials made moves behind the scenes in 2018 and 2019 to pressure the bank's board to remove him.

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Wells Fargo boosts minimum wage in most of its U.S. markets

03/04/20

The bank's announcement comes a week before CEO Charlie Scharf and two board members will testify on Capitol Hill.

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How New York became Wells Fargo’s new center of power

02/26/20

Under CEO Charlie Scharf, the bank that has historically viewed itself as more Main Street than Wall Street is becoming deeply embedded in the nation’s financial capital and its hard-charging culture.

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Cheat sheet: Inside the $3B Wells Fargo settlement

02/21/20

The ten-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.

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Wells Fargo hires another JPMorgan exec as shake-up continues

02/11/20

Mike Weinbach will lead consumer lending as part of a reorganization that will change the responsibilities of three longtime bank executives.

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Wells Fargo's latest high-level hire will oversee sales practices

02/06/20

Michael Cleary will report to Scott Powell, who had been his boss at Santander Bank.

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‘Extraordinarily inefficient’: Scharf’s blunt assessment of Wells Fargo

01/14/20

The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.

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Wells Fargo CEO Charlie Scharf kicks off tenure with more legal costs

01/14/20

Wells Fargo & Co. may have a new leader, but the work of reinvigorating the firm after years of troubles is far from over.

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