Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page on several federal penalties and billions of dollars in fines. The ...
May 27 (Reuters) - Wells Fargo (WFC.N), opens new tab expects investment banking and trading revenue to rise by mid-teen percentage points in the second quarter, Chief Executive Charlie Scharf said on ...
WFC posted Q2 EPS of $2.00, up 25% year over year, while Scharf warned AI automation will still eliminate tens of thousands of additional positions. Scharf flagged a real macro risk: AI productivity ...
CNBC’s Sara Eisen sits down with Wells Fargo CEO Charlie Scharf to discuss the company's 2026 healthcare conference, consumer behavior, tariffs, and more.
Wells Fargo CEO Charles Scharf drops a surprise take on the U.S. economy. Rising oil prices, market fragility, and cautious business behavior are flagged as key risks. Economic data shows resilience, ...