Tim Sloan

Outgoing Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan should be replaced with a permanent CEO with a background that isn't from Wall Street, major shareholder Warren Buffett told the Financial Times in an interview over the weekend. What Happened Sloan resigned in March amid pressure...

Sen. Elizabeth Warren, a Democratic contender in the 2020 presidential race, said Thursday Wells Fargo & Co (NYSE: WFC) outgoing CEO Tim Sloan should have been "fired a long time ago." What Happened Sloan announced his retirement from the bank Thursday, which prompted longtime...

The bearish case for Wells Fargo & Co (NYSE: WFC) can no longer be justified after CEO Tim Sloan announced his retirement, according to Raymond James. The Analyst Raymond James' David Long upgraded Wells Fargo from Underperform to Market Perform with no price target. The Thesis Sloan's...

Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan is leaving the C-suite at a bank that has faced accusations of predatory lending, the creation of fraudulent customer savings and checking accounts and the forced sale of auto insurance to loan clients. Sloan is retiring effective June 30 and is...

Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan was the first of several upcoming big U.S. bank CEOs to testify in front of Congress on Tuesday. Sloan faced a tough grilling from the House Financial Services Committee, with lawmakers focusing on a string of consumer abuse scandals at the bank in the...

Potential 2020 Democratic candidate and U.S. Senator Elizabeth Warren (D-Massachusetts) is no fan of Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan. What Happened Warren said in October that Sloan is "deeply implicated in the bank's repeated and egregious misconduct" on top...

Wells Fargo & Co (NYSE: WFC) traded relatively flat Tuesday morning after the bank reported mixed fourth-quarter results. What Happened Wells Fargo said it earned $1.21 per share in the fourth quarter on revenue of $20.98 billion. The results were mixed against the Street's expectations of...

Three bank giants reported Q3 earnings Friday morning. Here's a recap of what each bank reported. JPMorgan JPMorgan Chase & Co. (NYSE: JPM) earned $2.34 per share in Q3 on revenue of $27.8 billion. Street analysts were expecting the bank to earn $2.25 per share on revenue of $27.5 billion...

It hasn't been a great week for Wells Fargo & Co (NYSE: WFC). The firm caught negative headlines around CEO Tim Sloan’s $4.6 million raise as well as new federal sanctions for commissions on auto insurance policies. At a visit with the Detroit Economic Club Thursday afternoon, Sloan...

The hemorrhaging of cash and accounts from Wells Fargo & Co (NYSE: WFC) has slowed since last September, when federal officials announced that bank employee had opened up to 2 million fake accounts without the knowledge of customers, according to new data from the company. “In February,...

The bank earnings season is upon us thick and fast, and a name that thus far symbolized stability and safety has made investors sweat ahead of its earnings, thanks to the customer account scam. Key Metrics Wells Fargo & Co (NYSE: WFC) said in release ahead of the market open Friday that its...

CNBC's Jim Cramer said during Thursday's "Squawk Box" segment that there is a lot of "negativity" and "suboptimal news" spooking the market. "There is just a lot of what I would regard as being suboptimal news out there at a time when I think people were kind of hoping this period would be the...

Wells Fargo & Co (NYSE: WFC) needed to do something drastic to its management roster to put behind its fake-account opening style. According to Gadfly's Michael Regan, it was "obvious" that the bank's CEO John Stumpf couldn't contain the backlash if he continues to serve as the company's...

Mortgage banking giant Wells Fargo (NYSE: WFC) reported second quarter results before the bell Friday that initially looked to have beaten analyst estimates. However, adjusting for one-time items, the number looks worse and appears to be slightly weaker than the consensus forecast. Second Quarter...