CORRECTED-Wells Fargo CEO wants to raise dividend as focus shifts to growth

ReutersJun 4, 2025 2:03 PM

NEW YORK, June 4 (Reuters) - Wells Fargo CEO Charlie Scharf said the bank wants to increase its dividend and focus on growth after the Federal Reserve lifted a $1.95 trillion cap on its assets, according to an interview on CNBC.

The bank will focus on growth in credit cards and investment banking, he said.

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