Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and loans in general, as well as driving repayments.

Since then, Wells Fargo has significantly trailed its peers on asset growth. In 2019, Wells Fargo hired Charles Scharf, a veteran of JPMorgan Chase and Visa, to try to turn things around.

Wells Fargo has an opportunity to grab US$1bn of investment banking fees from mid-sized corporate customers that haven't been targeted in the past, CEO Charles Scharf said in a rare look under the ...

About 80% of Wells Fargo's top 200 executives have joined the company since Chief Executive Charles Scharf started in the job in 2019. Management is now "focused on building a best-in-class bank ...

Wells Fargo CEO Charles Scharf has flagged his bolder plans for the corporate and investment bank several times in the past year, and doubled down on that earlier this month – saying previous ...