Wells Fargo & Co. Stock News

The U.S. Federal Reserve announced Wednesday it had finalized ​changes to its annual "stress test" of ‌large bank finances to make the exams more transparent and less volatile.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that Wells Fargo (NYSE: WFC) has renewed its agreement to use MSP®, ICE's mortgage loan servicing system. As part of the expanded agreement, Wells Fargo will bring its full home loan servic...

Scott Powell will succeed Derek Flowers, who is retiring from the bank in January.

Wells Fargo said on Wednesday its chief ​risk officer, Derek Flowers, ‌would retire in mid-January after nearly three decades at ​the US banking giant.

In an era of higher interest rates, banks have reaped big profits due to consumers' reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.

The S&P 500 Financial index and the benchmark's ​bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty ‌around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.

The Bank of England and ​the US Federal Reserve are asking global banks ‌about their exposures to large trading firms after turmoil at hedge fund Situational Awareness caused large losses at Jane ​Street, the Financial Times reported on Monday.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is increasing its prime rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026.About Wells FargoWells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, a...