NEW YORK (Reuters) -When Charlie Scharf took over as Wells Fargo CEO nearly six years ago, he said its culture was broken. On Tuesday, the Fed said the bank's problems were mostly fixed as it lifted a ...

NEW YORK (Reuters) -When Charlie Scharf took over as Wells Fargo CEO nearly six years ago, he said its culture was broken. On Tuesday, the Fed said the bank's problems were mostly fixed as it ...

News National business Wells Fargo CEO Scharf enters growth era with eye on Wall Street June 4, 2025 Updated Wed., June 4, 2025 at 2:18 p.m. Wells Fargo CEO Charles Scharf. (Kyle Grillot/Bloomberg ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional.

NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday ...

Scharf, who previously ran BNY and Visa, took over scandal-plagued Wells Fargo after his two predecessors were ousted. He installed new leadership, slashed more than 55,000 jobs, exited unprofitable ...