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The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...

Charlie Scharf was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake ...

U.S. lender Wells Fargo said on Thursday its board of directors planned to appoint the lender's CEO Charlie Scharf as its chairman and to award him a one-time special equity grant of $30 million in ...

The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake ...

In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the ...

Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...

According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...

Michigan State fans got an extra laugh during the 2025 ESPYS on Wednesday night after a joke regarding their bitter rivals' 2023 sign-stealing fiasco was delive ...

USAID funding has significantly contributed to the reduction in adult and child mortality across low-income and middle-income countries over the past two decades. Our estimates show that, unless the ...

Wells Fargo halts travel to China after a Shanghai-born banker, Chenyue Mao, was prohibited from leaving. The bank's limited presence includes branches in Shanghai and Beijing. Mao leads the ...

Jho Low, the playboy Malaysian financier who masterminded the 1MDB corruption scandal that helped finance 'The Wolf of Wall Street,' has been located.