Bank CEO Charlie Scharf laid out a vision for a leaner bank powered by new technology, acknowledging a reality others are ...
Charlie Scharf has a mostly optimistic take on Wells' consumer banking prospects entering 2026. But he's more downbeat about ...
GlobalData on MSN
Wells Fargo signals more job cuts and AI rollout in 2026 – report
While AI is not expected to replace human employees entirely, it could alter how work is performed, the CEO said. The ...
The Wells Fargo job cuts in 2026 are a result of the company’s plans to invest more heavily in AI and the efficiency promised by the tech.
InvestorsHub on MSN
Wells Fargo signals workforce reductions in 2026, warns of higher severance costs
Wells Fargo (NYSE:WFC) is preparing to trim its staff next year and expects to incur increased severance expenses in the ...
Banking giant Wells Fargo says a market rotation out of tech and consumer stocks is likely incoming, leading the lender to favor three other sectors.
When Charlie Scharf became CEO of Wells Fargo & Co (NYSE:WFC), one of his key priorities was to expand the bank’s credit card business. However, a high-profile partnership with Bilt Technologies is ...
Zacks.com on MSN
Which Bank's AI Bet Will Drive Greater Productivity: JPM or WFC?
Detailed price information for JP Morgan Chase & Company (JPM-N) from The Globe and Mail including charting and trades.
When Wells Fargo reported its quarterly earnings on Tuesday, chief financial officer John Shrewsberry said the bank is developing technology for its advisory business, including a potential automated ...
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion. However, net income was ...
The San Francisco-based lender is helping provide a $59 billion bridge loan for the deal, along with BNP Paribas SA and HSBC ...
EquipmentShare, a company in connected jobsite technology and a rental provider in the United States, closed a $2.75 billion ...
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