News Topic: Wells Fargo

Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's salaries. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures. ... Read full article

Nearly a dozen shareholders disrupted opening remarks at Wells Fargo’s annual meeting in Dallas on Tuesday, pressing executives to answer for a series of scandals that have rocked the bank. ... Read full article

As the bank's board conducts its search for a new CEO, it should exclude Wall Street titans from any shortlist. ... Read full article

Leaders in bank innovation have ideas for improving financial services with high-speed, highly responsive 5G networks — ideas they say could be implemented relatively quickly. ... Read full article

The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan. ... Read full article

Wells Fargo is once again flirting with something that no major U.S. bank has done in a decade: have a dividend yield north of 4%. Don't expect a celebration. ... Read full article

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The San Francisco bank is under pressure from investors to get out from under a Fed-imposed asset cap and to hire a new permanent CEO. But executives said Friday that thoroughness is more important than speed. ... Read full article

Wells Fargo and the denial stage of recovery; community bankers alarmed after big banks backtrack on faster-payments pricing; credit card, auto loan delinquencies hit seven-year high; and more from this week's most-read stories. ... Read full article

Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A. ... Read full article

Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives. ... Read full article

Wells Fargo & Co. investors who stuck with the bank through a bumpy few months are being rewarded with the best first quarter in five years. ... Read full article

Readers respond to this week's big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a new brand and more. ... Read full article

Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks. ... Read full article

The resignation of Wells Fargo CEO Tim Sloan represented more troubles for an already scandal-ridden financial institution. ... Read full article

The heads of three agencies reiterated their concern about the bank’s progress in fixing risk management and corporate governance flaws. ... Read full article

The business, which has $827 billion in assets under administration, includes operations in the U.S., the Philippines and India, according to the buyer, Principal Financial Group. ... Read full article

PR campaigns won’t be enough to salvage the bank’s reputation after a series of scandals. Instead, it should look into adopting a new name, among other crucial steps. ... Read full article