Wells Fargo may lose $2 billion to $3 billion on its CRE office loan ...
20 hours ago · REUTERS/Mike Blake/File Photo Purchase Licensing Rights. Oct 24 (Reuters) - Wells Fargo (WFC.N) Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to ...
Wells Fargo gives CEO Charlie Scharf an 18.4% raise, to $29M
Jan 26, 2024 · Wells Fargo paid CEO Charlie Scharf $29 million for 2023, the bank said Thursday in a filing with the Securities and Exchange Commission.
Wells Fargo raises CEO Charles Scharf's 2023 pay to $29 mln
Jan 25 (Reuters) - Wells Fargo (WFC.N) said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million.
Wells Fargo raises CEO Charles Scharf's 2023 pay to $29 million
Jan 25, 2024 · (Reuters) -Wells Fargo said on Thursday it has raised CEO Charles Scharf's total compensation for 2023 to $29 million. The compensation consists of a base salary of $2.5 million and a total...
Wells Fargo CEO warns of severance costs as layoffs loom
Dec 5, 2023 · Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter.
Wells Fargo CEO expects severance expenses to exceed $750 million
Dec 5, 2023 · Wells Fargo CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1 billion in the fourth quarter.
Wells Fargo Boosts CEO Scharf’s Pay to $29 Million for 2023
Jan 25, 2024 · Wells Fargo & Co. lifted Chief Executive Officer Charlie Scharf’s pay to $29 million for 2023, a year in which profit grew and the bank’s shares outperformed those of rivals.
Wells Fargo investors approve executive pay, CEO underscores risk …
Apr 30, 2024 · NEW YORK (Reuters) - Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf's 2023 package to $29 million....
Wells Fargo CEO Paid $29 Million for Last Year, an 18% Raise
Jan 25, 2024 · (Mike Blake/Reuters) Wells Fargo paid its chief executive $29 million last year, an 18% raise from a year earlier. Charlie Scharf, now in his fifth year running the bank, earned a base salary of...
Buying into Charlie Scharf's 5-year plan for Wells Fargo got cheaper
Jul 14, 2024 · When Charlie Scharf took the reins at Wells Fargo five years ago, the bank was in turmoil. A series of scandals landed it in the regulatory doghouse — dealing a major blow to the 172-year-old...