Wells fargo

Wells Fargo names Rivas sole head of investment banking as Weiss steps down

The US bank is on a push to gain market share in dealmaking

1 min read

Wells Fargo promotes dealmaker Rajesh to co-head Asia corporate and investment bank

The former Citigroup banker has been co-head of Wells Fargo’s coverage of the banking sector

1 min read

Goldman Sachs only Wall Street bank to improve mental health rating

Bank of America, JPMorgan, Morgan Stanley and other major US banks fail to improve in CCLA’s global corporate mental health benchmark

3 min read

The Morgan Stanley headquarters in New York, US, on Wednesday, July 10, 2024.

Big lenders expected to show investment banking upswing 

US banks are set to receive a boost from increased dealmaking

3 min read

Wells Fargo stock falls on fresh enforcement action by regulators

The OCC flagged the bank’s financial-crimes risk-management practices and anti-money-laundering internal controls

2 min read

JPMorgan, Citi, Wells Fargo earnings to follow relative strength in their stocks

US’s largest banks draw investor support as havens from commercial real estate woes

3 min read

What Wells Fargo’s ‘mouse-jiggler’ scandal says about the problem with work right now

‘This idea that you must be always on doesn’t suit everybody’s work styles’

5 min read

Wells Fargo hires ex-JPMorgan investment bank boss Fernando Rivas

San Francisco lender is focused on expanding its relatively small investment bank

2 min read

JPMorgan just logged its most profitable year ever

Big US banks are healthy. Earnings will show any ills

JPMorgan, Citigroup, Bank of America and Wells Fargo set to release first quarter results over the next week

4 min read

Eamon Brabazon, Charlie Jacobs, and Charlotte Weir spoke to FN about the challenges facing the banking sector

The worst of banks’ cost-cutting is over, top bankers tell FN’s Leadership Roundtable

Banks have cut thousands of jobs over the last two years, but growth could be on the horizon again

5 min read

Charlie Scharf is in his fifth year leading Wells Fargo

Wells Fargo CEO paid $29m for last year, an 18% raise

Wells Fargo boss got an 18% pay bump last year

The union will cover just a handful of Wells Fargo’s more than 200,000 employees

Wells Fargo workers in Albuquerque vote to form union, a first for a megabank

Workers in three other branches have said they intend to hold votes; Alaska branch expected to vote 21 December

Regulators say Wells Fargo isn’t doing enough to police customer crimes

Bank also faces lawsuit claiming that it failed to detect alleged Ponzi scheme

JPMorgan

JPMorgan extends dealmaking dominance as banking fees tumble by $13bn

The ongoing deal drought has seen fees tumble by 21% compared with a year earlier