Market The head of the bank earned $30 million for the year, including a base salary…
Tag: Wells Fargo &
Wells Fargo Chief Made $24.5 Million Last Year
Market finance Charles Scharf was eligible for his full target salary of $27 million but turned…
Rich Customers Pull Money From Banks Offering Paltry Interest Rates
Market finance Wealth-management shifting client deposits to higher-yielding Treasury and money-market funds
WSJ News Exclusive | Banks Plan Payment Wallet to Compete With PayPal, Apple Pay
WSJ News Exclusive finance The financial institution behind Zall is working on a wallet for consumers…
Banks Face Uphill Battle Even as Rates Rise
Market heard on the street After posting a strong quarter, lenders face uncertainty about deposits and…
Stock Futures Fall as Bank Earnings Roll in
Share futures declined on Friday as major banks reported results, part of a crucial earnings season…
Wells Fargo Is Shrinking Its Mortgage Business—Except Where It Isn’t
The bank this week worked to reassure real-estate agents, builders and other referral partners after saying…
Wells Fargo Is Shrinking Its Mortgage Business
Market finance Once the nation’s largest mortgage lender, the bank will primarily lend to existing customers…
Bank Earnings to Put U.S. Economy Under Microscope
America’s biggest lenders expect fourth-quarter profit of $28 billion, down 15% from a year earlier.
WSJ News Exclusive | JPMorgan, Other Banks in Talks to Reimburse Scammed Zelle Customers
WSJ News Exclusive finance Volume and sophistication of fraud on Zell payment network draws attention of…