wells fargo

Wells Axes 200+ Staffers From US Lending Units

Wells Axes 200+ Staffers From US Lending Units
Wells Axes 200+ Staffers From US Lending Units
October 27, 2019  |  Personnel

Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S. lending division in recent months, with a focus on...

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For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
For Wells Fargo’s New CEO Scharf, The Long List Of To-Dos Looms Large
October 22, 2019  |  Personnel

Day One is over. For Charles Scharf, who has taken the reins as CEO of Wells Fargo, the list of what needs fixing — and what...

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Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
October 16, 2019  |  News

Today in the payment’s news roundup, Goldman Sachs CEO David Solomon said there has been a lot of demand for Apple Card as of its launch in...

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JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
October 15, 2019  |  Earnings

Wells Fargo managed to a slight beat when it came revenue predictions when it announced earnings earlier today (Oct. 15) — but on the whole,...

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Small Business Banking Tests The Digital Identity Waters
Small Business Banking Tests The Digital Identity Waters
October 10, 2019  |  B2B Payments

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world,...

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US Banks Expected To Lose 200K Jobs To Technology
US Banks Expected To Lose 200K Jobs To Technology
October 01, 2019  |  Banking

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a...

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What’s Next As Scharf Takes The Helm At Wells Fargo
What’s Next As Scharf Takes The Helm At Wells Fargo
September 27, 2019  |  Banking

And now begins some more heavy lifting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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