Tag Archives: Wells Fargo

Wells Fargo CEO ruffles feathers with comments about various talents

Charles Scarf, chief executive of Wells Fargo, angered some black employees at a zoom meeting this summer, when he reiterated that the bank was having difficulty reaching diversification targets because there were not enough qualified minority talent. He also insisted in a company-wide memo on June 18 that nationwide protests …

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Buffett joins his bet at his favorite bank: BofA

Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …

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