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Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion.

Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in ...

Community Bank was Wells Fargo’s largest business line of retail branches. “This case stems from one of the largest scandals in banking history,” Hsu said. According to Hsu’s findings ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...

home equity lines of credit and other loans with variable rates tied to the Fed’s cuts. Wells Fargo economists now expect a second quarter-point cut to land in December, calling for one fewer ...

Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...