I think the city and the state should always ask, ‘What do they have to do to make this an attractive place for the company to be?’ Wells Fargo CEO Charlie Scharf told the Business Times in discussing ...

Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page on several federal penalties and billions of dollars in fines. The ...

Wells Fargo CEO Charlie Scharf said he expects more workforce cuts and higher severance payouts in the fourth quarter during Tuesday’s Goldman Sachs Financial Services Conference in New York City.

Wells Fargo CEO and President Charlie Scharf is set to receive a significant pay increase, with the bank’s board of directors approving a total compensation package of $40 million for last year.

Wells Fargo expects more job cuts and higher severance costs in this quarter that ends in three weeks, bank CEO and President Charlie Scharf said Tuesday at an investors conference in New York. He’s ...