Mike Santomassimo will join Wells Fargo in fall 2020 as CFO. Santomassimo will report to Charlie Scharf, CEO of Wells Fargo, and serve on the company’s operating committee. Santomassimo will succeed John Shrewsberry, who plans to retire. read more
JUL 22, 2020 - 7:13 am
Wells Fargo reported 2019 net income of $19.55 billion, down from $22.39 billion in 2018. Revenue was $85.1 billion, down from $86.4 billion a year earlier. read more
JAN 15, 2020 - 6:50 am
Chief Administrative Officer Hope Hardison and Chief Auditor David Julian have begun leaves of absence from Wells Fargo and will no longer be members of the company’s Operating Committee. read more
OCT 25, 2018 - 6:55 am
Wells Fargo reported “preliminary” Q1/18 earnings of $5.9 billion were up from $5.6 billion a year earlier. In a supplement, Wells Fargo said Q1 results could change to reflect accruals to cover a CFPB/OCC matter. read more
APR 16, 2018 - 7:35 am