Kevin Orland Bloomberg News

Kevin Orland Bloomberg News

December 06, 2022 | Daily Business Review

Wells Fargo Looking at Paying Depositors More: Goldman Update

Wells Fargo & Co. Chief Executive Officer Charlie Scharf said the bank is working to find the right balance of how much to raise the rates it's paying depositors while protecting the firm's profitability.

By Sridhar Natarajan and Kevin Orland, Bloomberg News

2 minute read