The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

"Since Jon started leading CIB in early 2020, CIB net income is approximately 40% higher" said Wells Fargo CEO Charlie Scharf. Fernando Rivas, who has been leading CIB alongside Weiss, will now be the ...

“Jon has a long and distinguished track record of success in financial services, and he has made a lasting impact on Wells Fargo,” said Charlie Scharf, Wells Fargo’s CEO. “Since Jon ...

The loss will actually be fairly acutely felt; word from CEO Charlie Scharf points out that CIB net income was up 40%, while revenue was up 35%, showing that more came in and less was wasted under ...