Topic - Charlie Scharf

Scharf also announced that each of the 215,000 employees at Wells Fargo would receive a $2,000 award for turning the bank around.

Restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal lifted by feds →

“This is a multiyear effort and there is still much to do, but I am confident we are making progress, though it is not always a straight line," Scharf said.

Wells Fargo earned $4.74 billion in Q1, topping estimates →