Shares of large and mid-sized U.S.
banks sharply underperformed the broader market on Wednesday
with the S&P 500 Banks Index closing down 2.0% while
the benchmark S&P 500 Index fell 0.6% with. | May 31, 2023
Wells Fargo & Co s
Chief Executive Officer Charlie Scharf said on Wednesday that
there will be losses in the office loan space but the lender was
proactively managing its portfolio. . | May 31, 2023
U.S. SEC SAYS FORMER WELLS FARGO SENIOR EXECUTIVE TO SETTLE SEC FRAUD CHARGES FOR MISLEADING INVESTORS ABOUT SALES PRACTICES TO INFLATE PERFORMANCE METRIC . | May 30, 2023
WASHINGTON -The former head of Wells Fargo & Co s retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about. | May 30, 2023
By Mary de Wet The former head of Wells Fargo & Co. s community bank, Carrie Tolstedt, has agreed to pay a $3 million penalty stemming from charges brought in 2020 for her role in. | May 30, 2023