News

Wells Fargo recruited Scharf away from Bank of New York Mellon, where he had been CEO since July 2017 and chairman since early 2018. Bank of New York named Todd Gibbons , a 30-year veteran of the ...
The hiring of Mr. Scharf, 54, makes good on a promise by Wells Fargo’s board this year to look outside the company for a leader who would help the bank break from its recent past.
Wells Fargo CEO and President Charles W. Scharf speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U ...
Wells Fargo names new CEO, ending extensive six-month search. Charles Scharf, the head of Bank of New York Mellon, will become Wells Fargo’s third CEO in three years and must convince regulators ...
Wells Fargo named Charles Scharf its third CEO in as many years as it tries to move past a series of scandals. He gets a 40% pay hike and will work from New York.
Key Words Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’ Scharf said his company was experiencing a ‘huge decline’ in mortgage applications ...
Wells Fargo CEO Charles Scharf Gets a 12% Pay Cut. The bank will pay him about $20.3 million for 2020, down from $23 million. By . Ben Eisen. Share. Resize.
Wells Fargo & Co. is overhauling its reporting lines, Chief Executive Charles Scharf’s first move to stamp out the corporate structure implicated in its fake-account scandal. The bank said on ...
Wells Fargo & Co Chief Executive Officer Charles Scharf's total compensation for 2021 was $24.5 million, up nearly 20% from a year ago, the Wall Street bank disclosed in a regulatory filing on Monday.
Wells Fargo CEO Charles Scharf warned severance costs this quarter could hit nearly $1 billion as the mega bank prepares for fresh layoffs in the coming year. “We’re looking at something like ...
Wells Fargo recruited Scharf away from Bank of New York Mellon, where he had been CEO since July 2017 and chairman since early 2018. Bank of New York named Todd Gibbons , a 30-year veteran of the ...
Wells Fargo WFC-1.23 % decrease; red down pointing triangle & Co. Chief Executive Charles Scharf earned $24.5 million last year, receiving a 20% raise as the bank recovered from its pandemic slump.