Wells Fargo Chairman and CEO John Stumpf will retire, effectively immediately. Tim Sloan, company president and chief operating officer, was elected to succeed him as CEO. read more
OCT 13, 2016 - 6:44 am
Wells Fargo will launch an independent investigation into the company’s retail sales practices. CEO John Stumpf will forfeit more than $41 million of stock, bonus and salary during the investigation. read more
SEP 28, 2016 - 7:11 am
Morningstar named John Stumpf of Wells Fargo the recipient of its 2015 CEO of the Year award. read more
JAN 27, 2016 - 7:11 am
Wells Fargo reported FY 2015 interest income of $577 million on lease financing average balances of $12.30 billion was down from $690 million on average balances of $12.26 billion a year earlier as yields dropped from 5.63% to 4.70% year/year. read more
JAN 18, 2016 - 7:39 am