This year has seen banks report markdowns on leveraged finance commitments and related exposures, something that is hardly surprising given what has happened to yields. But even with syndicates struggling to offload some high-profile big deals, the troubles seem oddly muted so far.

West Virginia state treasurer Riley Moore has opened another front in a campaign by Republican officials in the US against banks that promote ESG policies.

More than five years after succumbing to one of the biggest consumer abuse scandals in history, Wells Fargo still faces significant regulatory challenges.

The big six US banks are releasing the loan loss reserves they built up in the pandemic. Where might this end? The answer could be surprising.

The asset cap imposed on Wells Fargo in 2018 has forced the bank to operate as efficiently as it can. Jon Weiss, CEO of corporate and investment banking, tells Euromoney that risk management remains his priority.

A drastic management overhaul will please some, but chief executive Charles Scharf still has much to do – especially after Covid-19.

A presidential snub adds to Wells Fargo's woes.

Firms are funding social and environmental projects on the one hand and fossil fuels on the other – it’s time to show they care.

JPMorgan's JD is still down the pay scale compared with Christianity's JC.

President Donald Trump has pulled off the almost impossible task of making America’s banks look good, if not exactly great, again.

The cat is out of the bag: the public is aware that if you want to stop something, you have to stop the financing. Right now in the US, that something is guns.

UBS Wealth Management voted best global private bank; new regional winners; private banks less bullish on revenues; non-bank competition a minor concern.

The Wells Fargo scandal has once again put ethics at the heart of the debate about the future of banking. Regulation is clearly not working. Now an eclectic group of behavioural scientists, moral psychologists and spiritual leaders are stepping in to solve the problem. Will anyone on Wall Street listen?

Deutsche Bank and Wells Fargo should make clawbacks of executive compensation a priority as they try to manage crises that threaten their viability.

Wells Fargo named best bank in US, Goldman Sachs takes best US investment bank accolade thanks to M&A success.

Understanding what Wells Fargo means to the wholesale banking industry is something of a riddle. This is a firm that ranked eighth for the first sixth months of 2013 in terms of all investment banking revenue for the Americas, ahead of such rivals as Deutsche Bank and Jefferies. In debt capital markets it ranks fourth, ahead of Morgan Stanley, Goldman Sachs and Barclays, according to data from Dealogic.

It’s the most successful bank of the post-financial crisis generation. But alongside numbers that make its rivals green with envy, it maintains a steadfastly old-fashioned approach to the business of banking. Is this what a model modern bank should look like? Or is there more to Wells Fargo than meets the eye?

PRESS RELEASE Wells Fargo was named best global bank at the Euromoney Awards for Excellence 2013 dinner in London tonight. It is the first time that the US-based bank has won this coveted award.