WFC

The Houston Business Journal has named Darryl Montgomery, who recently retired from his role as Wells Fargo & Co.’s region bank president for Houston South, as the 2021 Most Admired CEO Lifetime Achievement Award recipient.

Montgomery began his career…

Wells Fargo & Co. has sold off its $10 billion private student loan portfolio as it looks to shed costs amid a directive under CEO Charlie Scharf to cut billions of dollars in expenses and retrench the lender into its core businesses. The transaction i…

Wells Fargo & Co. (NYSE: WFC) will raise its minimum wage for hourly workers to a range of $15 to $20 per hour, depending on where the job is based, the financial giant said March 4.

Employees in high-cost markets such as San Francisco and New York wi…

Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and Securities and Exchange Commission.

The settlement resolves criminal and civil investigations into faulty sales practices at Wel…