Wells Fargo & Co. Stock News

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Kleber Santos will become CEO of Consumer Banking and Lending (CBL), and Saul Van Beurden will focus exclusively on leading AI across Wells Fargo. The two executives have served as co-CEOs of CBL since its formation last year, while Van Beurden also established and has led the company's AI efforts. “We have s...

Higher-quality cyclicals could perform solidly even if the economy goes into recession.

New asset-based revolving credit and FILO facilities enhance financial flexibility and support Belk's continued investment in its customers, stores and omnichannel platform CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ -- Belk, Inc. ("Belk" or the "Company"), a leading regional department store serving communities across the Southeastern United States, today announced the closing of $1.275 billio...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced that Cayetano Gea-Carrasco is joining the company as head of AI and Data for Consumer Banking and Lending.

The CEO's the U.S.'s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there's still no sign that investments need to slow down.

The Treasury Department's Office of the Comptroller of the Currency found the nine largest national banks used reputation-risk policies that could let political and social considerations shape banking decisions. The review examined nearly 100,000 complaints and about 420,000 pages of documents.

Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall Street. In the most recent Investing Club morning meeting, he identified GS as his “favourite bank stock”, and maintained that WFC remains worth buying despite its mixed quarterly earnings.