SAN FRANCISCO--(BUSINESS WIRE)--Oct. 31, 2024--Wells Fargo & Company(NYSE: WFC) said today that Chief Financial OfficerMike Santomassimowill present at theBancAnalysts Association of Boston ConferenceonThursday, Nov. 7, 2024at8:10 a.m. ET. This press release features multimedia. View the f...
Wells Fargo Promotes Chief Financial Officer to President.(Brief Article)de Senerpont Domis, Olaf
We also announced that Saul Van Beurden, Head of Technology, Wells Fargo, will succeed Mary. Saul is a strong leader, a technologist, and he knows how to run a business. This makes him the ideal person to lead Consumer and Small Business Banking into the future. Our branch network will ...
It’s clear however, Wells Fargo is still hurting from the economy and Wachovia integration. The bank said its loan losses increased to $5.9 billion in Q4 from $3 billion, y/y basis, driven by residential and commercial mortgage losses. Wells pointed it out however, that it set aside just...
Braunstein joins Wells Fargo with more than 35 years of industry experience, including nearly two decades at JPMorgan Chase (JPMC), where he held several executive management roles, including Chief Financial Officer and Vice Chairman. He was previously Head of JPMorgan’s Americas Investment Banking...
“Wells Fargo Bank has been a trusted partner for Merit Medical and we appreciate their continued support, as well as our continuing group of lenders and the new banks that chose to participate, in this new credit agreement,” said Raul Parra, Merit Medical’s Chief Financial Officer....
Wells Fargo & Co. said Tuesday that Charles Noski had stepped down as chairman of its board of directors and will be succeeded by Steven Black, a former JPMorgan Chase & Co. executive who joined the board last year. Mr. Noski, a former chief financial officer of Bank of America Corp....
of discrete tax benefits related to the resolution of prior period tax matters ◦ The sale of approximately $2 billion of private equity investments, which had a minimal impact to net income, but resulted in an increase of ~14 basis points to our CET12 ratio Chief Executive Officer Charl...
Our regulatory commitments remain our top priority and while we have more work ahead of us, we continue to devote all necessary resources to this effort," Scharf concluded. Chief Financial Officer John Shrewsberry said, "Wells Fargo reported a $2.4 billion net loss in the second quarter ...
Wells Fargo fired 5,300 employees and promised to refund customers who had been charged improper fees. The bank'schief executive officer(CEO) stepped down.14According toThe New York Times, Wells Fargo paid "more than $1.5 billion in penalties to federal and state authorities and $620 million...