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Wells Fargo CEO Scharf Bets on Wealth, Consumer Link to Drive Growth

Reuters
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Wells Fargo s CEO said the bank can look to better link wealth and consumer units for growth.
It s what we see with what so many of the other wealth managers have done so well, he said.
Charlie Scharf has remade its wealth arm as he looks to focus on core operations and cut costs.
Wells Fargo Chief Executive Charlie Scharf is looking to drive growth at the bank by leveraging more relationships across its many segments a strategy its biggest rivals have put to work. ....

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Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

Wells Fargo (WFC.N) has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday. ....

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UPDATE 1-Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

UPDATE 1-Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities
Reuters
2 hrs ago
By Matt Scuffham
NEW YORK, May 17 (Reuters) - Wells Fargo has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday.
The initiative aims to help Black and African Americans, Hispanics, and Native Americans, who account for more than half of the country s 7 million unbanked households, have easier access to low-cost banking, Wells Fargo said.
As part of the plan, the bank has committed to redesigning 100 branches in low-to-middle income neighborhoods to enable one-to-one consultations, offer digital banking access and conduct financial health seminars. ....

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Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities
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Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities
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