Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell 1% ...
Wells Fargo's profits exceeded expectations due to a rebound in dealmaking. The bank forecasts growth in interest income by 2025, driven by lower deposit costs and recovering loan demand. CEO Charlie ...
Wells Fargo WFC -0.03% has hired JPMorgan JPM -0.02% Chase executive Ed Olebe to lead its credit-card business, people ...