Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell 1% ...
CEO Charlie Scharf says Wells is starting to generate growth in the consumer and business banking unit after years of little to no growth.
Wells Fargo WFC -0.03% has hired JPMorgan JPM -0.02% Chase executive Ed Olebe to lead its credit-card business, people ...