Wells Fargo substantially completed its multi-year effort to refocus and simplify the company by exiting or selling 12 non-core businesses, with the final sale closing on January 1, 2026.

Expected impact: Allows the bank to simplify its operating model, reduce compliance risks, and focus resources on core banking operations and high-return segments.

Leveraging the lifting of the Federal Reserve asset cap, Wells Fargo is expanding its Corporate and Investment Banking (CIB) segment, hiring senior talent, and entering new markets such as options clearing in 2026.

Expected impact: Aims to position Wells Fargo as a top-five global investment bank, driving substantial growth in noninterest fee income.

Wells Fargo is executing on its goal to deploy $500 billion in sustainable finance by the end of 2030. As of early 2026, the bank has facilitated approximately $264 billion (53% of the goal). In 2025, the bank adjusted its strategy to focus on financing and expertise, discontinuing sector-specific interim financed emissions targets.

Expected impact: Supports clients' energy transition strategies while aligning the bank's portfolio with long-term sustainability trends.