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Wells Fargo & Co.

Displaying 644 results

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Wells Fargo CEO is prepared to lead company indefinitely

Repelling rumors of being replaced, Tim Sloan says he's in it for the long haul.

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Wells Fargo chair denies rumors bank is seeking to replace CEO

News report claimed the board had talked to former Goldman exec Gary Cohn about the job.

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Wells Fargo plans to cut staff up to 10% within next three years

Bank is struggling to cut spending amid regulatory fines and higher legal costs stemming from scandals.

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  • News
  • September 10, 2018

Finra bars ex-Wells Fargo broker with 41 years in the securities industry

Edward O. Daniel was barred after declining to participate in Finra investigation into a customer dispute that was settled for $225,000.

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  • News
  • September 6, 2018

Wells Fargo said to face Justice Department probe of wholesale banking unit

Latest problem for bank relates to whether employees improperly altered customer data.

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  • September 6, 2018

Ex-Wells Fargo broker suspended for coaching client to lie about excessive commissions

Broker accepts eight-month suspension and $10,000 fine after he prepared a 'script' with false information for 72-year-old woman.

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  • News
  • September 4, 2018

Janney lands $445 million team from Wells Fargo Advisors

The five professionals will join Janney in its offices in Connecticut and New York.

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  • News
  • September 4, 2018

Stifel lands financial advisers from UBS, Merrill Lynch, Wells Fargo Advisors

The three financial advisers managed $520 million in client assets.

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  • News
  • August 30, 2018

Ameriprise scoops up $140M family team from Wells Fargo

Peter De Arcangelis will be joined at Ameriprise by his wife and his daughter.

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Wells Fargo to combine bank and wirehouse reps under one roof

Internal memo shows first stages of a $4 billion cost-cutting plan, but critics argue that blending the two divisions will be difficult.

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  • News
  • August 28, 2018

Finra bars former Wells Fargo broker terminated for allegedly asking a client for a loan

The Texas-based financial adviser failed to participate in regulator's investigation.

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  • News
  • August 22, 2018

Raymond James lands $1 billion team from Wells Fargo Advisors in New York

The four-person adviser team got its start in 1987.

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  • News
  • August 16, 2018

Wells Fargo brokers managing $179 million move to Stifel

Russ Schwartz and Kaival Patel make switch in Hackensack, N.J.

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  • August 16, 2018

Former Wells Fargo broker could face 15 years in prison for embezzlement

Barred broker is charged with stealing more than $500,000 from the trust fund of two elderly clients.

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  • News
  • August 14, 2018

Wells Fargo loses $161 million team to Ameriprise

John Burg and Tamara Colon of Temecula, Calif., join employee unit.

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  • News
  • August 13, 2018

Wells Fargo tests investor patience with latest scandal

The bank's stock had rallied in recent months after it announced a big increase in dividends and buybacks in June

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Tax-credit investigation may trip up Wells Fargo

Justice Department is investigating bank's dealings in tax credits for low-income housing, sources say.

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  • News
  • August 10, 2018

Wells Fargo team managing $170 million moves to Stifel

Stifel also added an Ameriprise broker managing $82 million.

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  • News
  • August 9, 2018

Wells Fargo team managing $462 million moves to Raymond James

Linda Pardini and Douglas Wulbrecht join employee unit in Santa Rosa, Calif.

Topic
  • News
  • August 6, 2018

Appeals court upholds dismissal of Wells Fargo 401(k) lawsuit

Participant argued that the plan could have offered a better-performing, nonproprietary TDF.