Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions into five. The Wall Street Journal reported Tuesday (Feb. 11) that the wholesale bank will be split into a commercial...
The Bank of New York Mellon announced Monday (July 17) that it named Charles W. Scharf, chief executive officer and a director of the company, effective immediately. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of...
October 13, 2023
Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter. At the same time, consumer spending remained strong, the bank said Friday (Oct. 13) while reporting its third-quarter results. Wells Fargo CEO Charles W. Scharf said Friday during a quarterly earnings call that the economy remains resilient, helped by the labor market […]
February 12, 2020
Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions into five. The Wall Street...
July 18, 2017
The Bank of New York Mellon announced Monday (July 17) that it named Charles W. Scharf, chief executive officer and a director of the company, effective immediately. In a press...
