Wells Fargo is on the hook for hundreds of millions of dollars after a jury in Florida found the bank charged unauthorized fees and mishandled a trust fund established for minors.

However, when the phony-accounts scandal rocked Wells Fargo in 2016, Buffett's patience with the bank began to wear thin. In 2019, Berkshire began to cut its position in Wells Fargo and the large ...

Wells Fargo must guarantee full compensation and credit history repairs for an estimated 2.73 million victims of its sham accounts scandal before a judge will approve a proposed $142 million ...

Wells Fargo's profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential ...

Wells Fargo CEO Charles Scharf announced on Friday that the bank's 4,349 locations across the US will undergo significant ...

Wells Fargo is making a bold move involving more than 4,000 of its locations nationwide.  According to CEO Charles Scharf, ...

Wells Fargo has checked more boxes in its progress toward fixing its once-scandal-laden consumer businesses, announcing Monday afternoon that it's shed another consent order. The Office of the ...

Wells Fargo chief executive Charlie Scharf cautioned that because of the Trump administration's roller coaster approach to ...

Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from ...

Wells Fargo (WFC) has faced deeper scrutiny from regulators in the wake of a phony-accounts scandal that surfaced nearly a decade ago. Shares of the bank were up 0.2% after hours on Monday.

Wells Fargo, the fourth-largest bank in the United States, has confirmed it will be closing 14 additional branches across the ...

Wells Fargo & Company’s WFC 2021 consent order ... to fix compliance problems following the year-long fake account scandal, detailing its efforts to implement risk controls.