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

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

Jun 4, 2025 7:24 AM

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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