Wells Fargo CEO Charles Scharf says rates likely will go lower - CNBC interview
Published on 01/22/2026 at 08:21 am EST

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Published on 01/22/2026 at 08:21 am EST


Mr. Charles W. Scharf is a Chief Executive Officer & President at Wells Fargo Bank, NA, a President, Chief Executive Officer & Director at Wells Fargo & Co., a President, Chief Executive Officer & Director at Wells Fargo Bank, NA (San Francisco Branch), an Independent Director at Microsoft Corp., a Chairman at New York City Ballet, Inc. and a Member at The Business Council. He is on the Board of Directors at Wells Fargo & Co., Wells Fargo Bank, NA (San Francisco Branch), Microsoft Corp. and The Johns Hopkins University. He is a financial services veteran with 24 years of experience in leadership roles in the banking and payments industries. Mr. Scharf was previously employed as a Chief Executive Officer by BNY Mellon, NA, a Chief Executive Officer by The Bank of New York Mellon (New York, New York), a Chairman & Chief Executive Officer by The Bank of New York Mellon Corp., a Chairman & Chief Executive Officer by The Bank of New York Mellon Corp. (Investment Management), a Chief Executive Officer & Director by Visa, Inc., a Director-Supervisory Board by Smartrac NV, a Chief Executive Officer-Retail Financial Services by JPMorgan Chase & Co., a Chief Executive Officer-Retail Division by Bank One Corp., a CFO-Corporate & Investment Bank Division by Citigroup, Inc., a Chief Financial Officer by Smith Barney Asset Management, a Managing Director by One Equity Partners LLC, and a Chief Financial Officer by Salomon Smith Barney, Inc. He also served on the board at The St. Paul Travelers Cos., Inc., Visa U.S.A., Inc. and Travelers Property Casualty Corp. He earned a Bachelor of Arts degree from Johns Hopkins University and an MBA from New York University.

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