The bank announced last week that he was among eight executives to lose 2016 bonuses and stock awards over the sales scandal. Wells Fargo has its biggest employment hub in Charlotte, with more than 23,000 employees. Of the …
Wells Fargo said early Friday that it would merge with Wachovia — including the troubled Charlotte bank’s banking operations — in a $15.1 billion all-stock merger. The announcement comes only four days after Citigroup reached an …
Oct.11 -- Michael Mayo, of Wells Fargo Securities, discusses the outlook for bank earnings and his thoughts on Goldman Sachs. He speaks with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
For the week ahead on Wall Street, there's earnings season, Fed minutes, economic indicators and questions about the bull market.
In his recent CNBC interview, billionaire investor Warren Buffett stated that he still believes in Wells Fargo and CEO Timothy J. Sloan.