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 ...

Charlie Scharf, Wells Fargo chairman and CEO, joins 'Squawk on the Street' to discuss how AI is impacting jobs, new tokenized deposits, growth strategy, Fed Chair Kevin Warsh, and more. Got a ...

Charlie Scharf, Wells Fargo chairman and CEO, joins 'Squawk on the Street' to discuss how AI is impacting jobs, new tokenized deposits, growth strategy, Fed Chair Kevin Warsh, and more. Why the ...

Wells Fargo CEO Charlie Scharf said the bank's recent progress should not be viewed as a turnaround story, arguing the lender remained fundamentally strong even while operating under regulatory ...

Wells Fargo, which maintains a significant hub of 27,000 employees in Charlotte, continues to reduce its workforce with “a lot of room to go,” bank executives said Tuesday during the second-quarter ...

The bank launched the Advisor Gateway during the second quarter to give financial advisors “better tools to serve clients and grow their practices,” Scharf said. When announcing its launch of the ...

Key insight: Strong credit-quality trends are expected to continue in the second half of the year, according to Wells Fargo Chief Financial Officer Mike Santomassimo. Supporting data: Net interest ...

Wells Fargo CEO Charlie Scharf sounded an optimistic note about the economy after his bank reported a 17% profit jump in the second quarter. Here’s what he had to say: “Consumers and businesses remain ...

At a time when most laypeople were chuckling in social media forums over bizarre AI-generated images, Andre Mansour saw opportunities. Processing Content A self-professed "big planner" who enjoys ...

Wells Fargo & Company (NYSE:WFC) is one of the Best Low Cost Stocks to Buy According to Hedge Funds. The Street is bullish on Wells Fargo & Company (NYSE:WFC) as 69% of the 26 analysts covering the ...