Culture
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said…
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Wells
Culture
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange…
Culture
China lifts exit ban on Wells Fargo banker amid US trade talks
The Asian nation’s use of exit bans has been a point of contention between Beijing and Washington China has released a Wells Fargo banker…
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Wells Fargo suspends China travel after employee exit ban: source
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told…
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Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking…