Wells Fargo CEO Charlie Scharf said he expects more workforce cuts and higher severance payouts in the fourth quarter during Tuesday’s Goldman Sachs Financial Services Conference in New York City.

Wells Fargo expects more job cuts and higher severance costs in this quarter that ends in three weeks, bank CEO and President Charlie Scharf said Tuesday at an investors conference in New York. He’s ...

The Wells Fargo Board of Directors plans to name CEO and President Charlie Scharf chairman of the board, a move that it said signaled approval of his leadership in the company's transformation. Scharf ...

Wells Fargo & Co. Chief Executive Officer Charlie Scharf said artificial intelligence poses a significant opportunity to improve efficiencies and has the potential to influence companies’ headcount ...

Wells Fargo: severance likely to rise in fourth quarter Bank will roll out AI gradually over the next year and beyond More efficiencies to come from AI, CEO says Dec 9 (Reuters) - Wells Fargo (WFC.N), ...

The consumer continues to spend and delinquencies have probably fared "marginally better" than the last time he spoke publicly about the bank's outlook Wells Fargo Chairman and CEO Charlie Scharf said ...

Wells Fargo Chairman and CEO Charlie Scharf isn't satisfied with the results produced by the bank's home lending business, but he is staying mum about potential remedies. Processing Content Appearing ...

Wells Fargo will eliminate 114 jobs in Sacramento County as part of a broader push to reduce costs and incorporate more artificial intelligence in its operations. In a notice filed Tuesday with the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Two of the nation's largest ...

For years, Wells Fargo WFC-0.78%decrease; red down pointing triangle executives skeptical of building an investment bank touted a mantra of “kitchen tables, not league tables.” Now, under Chief ...

Wells Fargo announced it will lay off an additional 25 workers from its Jordan Creek Campus. The company has cut 1,393 Des Moines metro jobs since April 2022, with more reductions expected in 2026.