Wells Fargo CEO Charlie Scharf says that while the bank is developing tokenized deposit solutions, the practical use cases for stablecoins in the US remain unclear for corporate clients.
Wells Fargo is reportedly in talks with Kraken parent Payward to source crypto trading liquidity, marking another potential partnership between the exchange and a major legacy bank.
Wells Fargo raised its price target for Meta to $1,000, citing the growth potential of the Muse AI agent despite expected earnings pressure through 2027.
Wells Fargo has updated its mobile app to allow users to personalize debit cards with custom photos and integrated its international remittance service.
Wells Fargo analyst Mike Mayo claims the recent selloff in bank stocks driven by AI fears is an overreaction, citing customer trust as a key defense against automated deposit competition.
The Federal Reserve's recent rate hike to a 3.75%–4.00% range has created a favorable environment for Visa and Wells Fargo, according to market analysts.
Wells Fargo has launched ExpressSend Mobile, allowing customers to send international remittances directly through its banking app to 12 countries.
Wells Fargo has lowered its 2026 S&P 500 target to 7,700, citing record-high equity allocations and rising Treasury yields as risks for a potential market pullback.
