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March 3, 2024 at 10:00 AM. Wells Fargo's stock ( WFC) is up 12% this year, outperforming all big bank rivals and within sight of an all-time high. One big reason: Investors believe the San ...
The stock has 11 Buy, seven Hold, and three Sell analyst recommendations. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre .
Since Scharf took over Wells Fargo in 2019, the stock has fallen 19%, underperforming all but Citigroup. Since the beginning of 2023, Wells Fargo’s stock is down 5%, outperforming all but ...
However, it retains Norwest's pre-1998 stock price history and corporate structure, and all pre-1998 SEC filings are under Norwest, not Wells Fargo. Former Wells Fargo stockholders held 52.5 percent of the newly combined company and former Norwest stockholders held 47.5 percent. Paul Hazen, chairman and CEO of Wells Fargo, become chairman of ...
People with Wells Fargo stock from 2018-2020 are part of new $1 billion court settlement. Adam Bell. May 16, 2023 at 8:16 AM. In December, the Consumer Protection Finance Bureau ordered Wells ...
CEO and president, Wells Fargo. Predecessor. C. Allen Parker. Spouse. Amy Scharf. Charles W. Scharf (born April 24, 1965) [1] is an American investment banker and business executive who is the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. [2] and BNY Mellon. [3] [4]
Wells Fargo announced it will create a more focused home lending business. The bank's move comes amid with a stagnant housing market. Mortgage rates above 6.5% have put a damper on lending for ...
Yahoo Finance Live anchors discuss a Goldman Sachs analyst's decision to upgrade Wells Fargo stock to Buy and downgrade Citigroup stock to Neutral.