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In her final full year, 2019, Bresch got another raise, this time for more than $5 million. Her base salary rose only from $1.3 million to $1.5 million, but her stock awards jumped from $7.28 ...
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On June 10, 2019, Wells Fargo agreed to pay $385 million to settle a lawsuit accusing it of allegedly scamming millions of auto-loan customers into buying insurance they did not need from National General Insurance. [167] In February 2023, Wells Fargo agreed to pay $300 million in a settlement with shareholders over auto insurance disclosures ...
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Charles W. Scharf (born April 24, 1965) [1] is an American investment banker and business executive who is the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. [ 2 ] and BNY .
The Wells Fargo Active Cash® Card also created a splash in the cash back card market, since it offers a flat 2 percent cash rewards on purchases with no annual fee. J.D. Power 2023 U.S. Credit ...
In 2022 alone, the Consumer Financial Protection Bureau (CFPB) ordered Wells Fargo to pay $3.7 billion as a fine and settlement for its multiple infractions. But don't worry, Wells Fargo accounts ...