Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million, ...

Wells Fargo will pay $50 million to settle class action claims it profited off home buyers who went into default during the 2008 financial crisis by secretly charging them inflated mortgage fees.