Browsing: Wells

Key insight: The company continues to benefit from growth in loans, deposits and revenue in the wake of its release from a seven-year asset cap.Supporting data:…

Bank of America’s Alexandre Bettamio is being considered for chief executive officer of Brazilian stock and derivatives exchange B3 SA, according to people familiar with the…

Key insights: Australian regulators are pressuring Visa and Mastercard on payment fees. What’s at stake: The card networks are facing regulatory pushback on card fees globally.…

Key insight: Wells Fargo has recruited a former Amazon Web Services executive to lead its artificial intelligence product strategy.What’s at stake: The hiring underscores the bank’s…

Key insight: Wells Fargo has been retreating from the home lending business for years, and negative comments by CEO Charlie Scharf raise the question of whether…

Key Insight: Wells Fargo has tapped its head of consumer and small-business banking, Saul Van Beurden, to lead its expanding efforts in artificial intelligence.Supporting Data: Just…

Key insight: The OCC’s effort to hold former Wells Fargo executives accountable for the bank’s fake-accounts scandal — which relied on charges brought in the administrative…

Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO speak during the Invest in America…

Key insight: The standard for strong passwords has shifted away from complex characters and toward longer “passphrases” made of multiple random words, which are easier to…

Bottom line: Wells Fargo’s third quarter profit jumped 9%, eclipsing analysts’ expectations by a wide margin.Expert quote: “Wages have kept up with inflation for many folks,…