The chief executives of six of the largest banks were each awarded $40 million or more.

Two years ago, Charlie Scharf held himself out of the echelon of CEOs making $30 million a year. Now he’s in the $40 million club. Wells Fargo’s board approved $40 million in compensation for Scharf ...

Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page on several federal penalties and billions of dollars in fines. The ...

Charlie Scharf joined Wells Fargo in 2019, when the bank was grappling with the fallout from its 2016 fake sales scandal.

(Refiles to correct story links) Jan 29 (Reuters) - Wells Fargo awarded CEO Charlie Scharf $40 million in compensation for ...

Wells Fargo paid Chief Executive Charlie Scharf $40 million for 2025, a 28% raise from a year earlier. Scharf earned a base ...

The Wells Fargo Board of Directors plans to name CEO and President Charlie Scharf chairman of the board, a move that it said signaled approval of his leadership in the company’s transformation. Scharf ...

Wells Fargo CEO Charlie Scharf said he expects more workforce cuts and higher severance payouts in the fourth quarter during Tuesday’s Goldman Sachs Financial Services Conference in New York City.