Wells Fargo named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.Gallo has served as Northeast market executive for Government ...
Caruso, Jeff
Wells Fargo has confirmed that it has appointed Nico Marais the sole chief executive and head of its asset management business, following the departure of Kristi Mitchem earlier this year. Marais has been serving as interim co-CEO at Wells Fargo alongside Kirk Hartman, currently chief investment ...
The settlement requires insurers for 20 current and former Wells Fargo executives and directors, including Chief Executive Tim Sloan and his predecessor John Stumpf, to pay the $240 million to the bank. It resolves claims that the officials breached their fiduciary duties by knowing about or con...
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...
A former Wells Fargo Bank executive accused of overseeing a ruse that created millions of bogus customer accounts has agreed to plead guilty to criminal charges likely to send her prison for her role in the scandal.
ARTICLE V OFFICERS 5.1. Election – Appointment of Officers. The Board shall elect the following officers of the Company: a President, a Chief Executive Officer, a Chief Financial Officer, a Secretary, a Treasurer, a Controller, a Chief Auditor and any other officers as may be designated by ...
executive's role and responsibility for Wells Fargo's progress in resolving outstanding regulatory matters 2018 - Added TSR governor to Performance Shares awarded to executives that reduces the maximum payout from 150% to 125% if our TSR for the performance period is not in top quartile of our...
Chief executive Charlie Scharf has described the bank’s spending on third-party consultants as ‘extraordinary’© Peter Foley/Bloomberg Unlock the Editor’s Digest for free Wells Fargo is targeting dramatic cuts to its spending on consultants after an internal backlash against the bank’s outlay...
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 ...