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Tag: Charles Scharf

Median pay for CEOs rose nearly 6% in 2025, some compensation...

Economic Activity
NEW YORK (AP) – The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives...
CONSUMER BANKING giant Wells Fargo must pay $3.7 billion in fines and refunds to customers, the largest fine to date against the bank. Pictured is a Wells Fargo sign in Bradenton, Fla. / AP PHOTO/GENE J. PUSKAR

Wells Fargo to pay $3.7B over consumer loan violations

Financial Services
WASHINGTON (AP) – Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers...
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