Wells Fargo news and trends

Wells Fargo Appoints AWS Exec Faraz Shafiq as Head of AI Products and Solutions
Personnel // January 26, 2026

Wells Fargo appointed Amazon Web Services (AWS) executive Faraz Shafiq as head of AI products and solutions, effective Feb. 9. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

KeyBank Taps $100 Million Increase in Technology Spend
Artificial Intelligence // January 23, 2026

Banks are increasingly turning to artificial intelligence to cut costs and improve customer service, with savings showing up most clearly in call center operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings Show Banks Turning Transaction Banking Into a Platform Business
Banking // January 16, 2026

Some of the world’s largest banks posted their final earnings for the 2025 fiscal year this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Wells Fargo Grew Assets by 11% After Fed Lifted Asset Cap
Earnings // January 14, 2026

Wells Fargo is seeing early results of its efforts to grow after the Federal Reserve removed an asset cap it imposed on the bank in 2018 after an account-opening scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Interviews & Exclusives
Corporate Lending and Spending in ‘Wait and See’ Mode Amid Tariff Uncertainty

April 21, 2025
Through the past few weeks, bank earnings and American Express’ latest results point to a commercial lending environment where demand is muted in real estate, stronger in other sectors — and marked by strong credit quality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]

Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears

April 08, 2025
As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but...

Digital, Deposits and Delinquencies in Focus as Banks Kick Off Earnings Season

January 13, 2025
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. Get the...

Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants

July 22, 2024
T.S. Eliot wrote that the world would end not with a bang but a whimper. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Quick Reads
Bilt Users Get Surprise Wells Fargo Cards as Partnership Ends

February 08, 2026
After almost four years, Wells Fargo’s relationship with Bilt is winding down.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Wells Fargo Appoints AWS Exec Faraz Shafiq as Head of AI Products and Solutions

January 26, 2026
Wells Fargo appointed Amazon Web Services (AWS) executive Faraz Shafiq as head of AI products and solutions, effective Feb. 9. Get the Full Story Complete the form to unlock this...

Wells Fargo Grew Assets by 11% After Fed Lifted Asset Cap

January 14, 2026
Wells Fargo is seeing early results of its efforts to grow after the Federal Reserve removed an asset cap it imposed on the bank in 2018 after an account-opening scandal....

Wells Fargo CEO Envisions AI Influencing Staffing Decisions

December 09, 2025
Wells Fargo’s CEO said artificial intelligence (AI) could potentially influence company decisions on staffing levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...