Charles Scharf

Wells Fargo Misses Estimates as Profit Falls 55%
Financial Performance

Wells Fargo Misses Estimates as Profit Falls 55%

The bank's new CEO pledges to “make the fundamental changes necessary to regain the full trust and respect of all stakeholders."
By Matthew Heller | January 15, 2020
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Wells Fargo Profit Falls on Lower Interest Rates
Financial Performance

Wells Fargo Profit Falls on Lower Interest Rates

The bank's CFO pointed to loan and deposit growth in the third quarter as evidence of strong fundamentals.
By Matthew Heller | October 16, 2019
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Visa Agrees to Buy Visa Europe for $23.4B
Technology

Visa Agrees to Buy Visa Europe for $23.4B

The deal will create a windfall for the banks and other entities that now own Visa Europe, with U.K. banks alone expected to pocket $1.4 billion.
By Katie Kuehner-Hebert | November 2, 2015
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