Vikram Rai leaves Wells Fargo

Muni veteran Vikram Rai has left Wells Fargo, where he was head of municipal markets strategy. Well-known municipal bond strategist Vikram Rai has left Wells Fargo & Co. after less than two years at the firm. Rai had been at Wells, where he was head of …

Proposal would give new life to former Wells Fargo buildings in downtown Des Moines

Documents filed by a downtown Des Moines architecture firm with the city shows a potential plan for some former Wells Fargo spaces in Downtown Des Moines.Back in 2023, Wells Fargo announced a majority of its non-customer facing employees who work downtown …

Wells Fargo to buy back $40 billion of shares under new program

ATTN: Financial editors 29 April 2025 (Bloomberg) — Wells Fargo & Co. announced a new $40 billion stock-buyback program, sending shares up. The company’s board authorized the repurchases to begin when the current $30 billion program is completed, …

Honeywell Q2 guidance, Wells Fargo buyback, Altria earnings

00:00 Speaker A It's time for Yahoo! Finance's Market Minute. Stocks fluctuating amid hopes for auto tariff relief and as investors digest a rush of fresh earnings. Honeywell providing better than expected earnings guidance for the second quarter, …

CFPB keeps clearing Wells Fargo's consent orders

Earlier this year, the Office of the Comptroller of the Currency (OCC) also lifted a similar consent order tied to the same compliance risk issue. The closure of these orders addresses a multiagency complaint centered on the bank’s risk management …

Wells Fargo investors approve executive pay as compliance fixes gain momentum

By Nupur Anand NEW YORK (Reuters) -Wells Fargo shareholders on Tuesday approved executive pay packages and appointment of directors with strong majority support. Most of the company proposals received over 90% shareholders' votes in favor of the motion …

Wells Fargo (WFC) Shares Gain On $40B Buyback Plan: What's Going On?

The U.S. posted its widest monthly goods trade deficit on record in March, as companies rushed to import foreign goods ahead of sweeping tariffs set by President Donald Trump on what he dubbed as “Liberation Day.” The U.S. goods trade deficit widened to $ …

Wells Fargo to buy back up to $40 billion of its common stock

Wells Fargo to buy back up to $40 billion of its common stock

(Reuters) -Wells Fargo said on Tuesday that its board had authorized a stock buyback program of up to $40 billion. The new plan will take effect upon the completion of the current repurchase program, it said. (Reporting by Jaiveer Singh Shekhawat in …

Wells Fargo Clears Another Hurdle as Investors Track Compliance Cleanup