When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for a widespread scandal involving the creation of fake customer accounts, CEO ...

Wells Fargo & Co on Friday reported a 31% decline in third-quarter profit as the bank racked up costs related to a fake accounts scandal and boosted its loan loss reserves in preparation for a ...

In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the ...

The bank has 4.5% more consumer checking accounts, even after including a small drop in September in the wake of the scandal, and more of Wells Fargo's customers now have a credit card with the bank.

Wells Fargo is trying to figure out what retail banking products and services could look like after the bank moves past the scandal impact. "Candidly, it's one we're wrestling with," he said.

Wells Fargo’s growth has been limited since 2018 by an asset cap restriction imposed by the Federal Reserve as punishment for the bank’s sham accounts scandal and other misdeeds. Mr.

Wells Fargo & Co.’s sales-tactics scandal is crimping its branch business, with the bank disclosing product-specific metrics for the first time Friday as it reported third-quarter earnings.

The account opening scandal at Wells Fargo could cost shareholders $7.4B or more in lost market value. The investigations and resulting operational changes at the company will likely impact the ...

Those are code words for Wells Fargo, and the up to 2 million accounts that its employees opened without customer permission as they sought to meet unrealistic sales goals.

A plunging stock price amid a corporate scandal can sometimes offer investors a long-term buying opportunity -- but in the case of Wells Fargo (WFC 0.86%), the road to redemption looks long and bumpy.

As if Wells Fargo's poor showing Tuesday as Chairman and CEO John Stumpf appeared before the Senate Banking Committee wasn't bad enough, the unfolding scandal looks even worse as more former ...