Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
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“We do not yet know when we’ll return to a more traditional operating model,” a spokeswoman said.
August 6 -
The pandemic and work-from-home arrangements are probably spurring larger budgets.
August 5 -
As anxious as they may be to take advantage of the opportunity, there are pitfalls and hidden costs, advisors warn.
August 4 -
Democrats Elizabeth Warren of Massachusetts and Brian Schatz of Hawaii have sent a letter to CEO Charlie Scharf demanding a response to news reports that the bank has been placing borrowers into forbearance plans without their consent.
July 30 -
If approved, the firm would be able to issue its own ETFs, although they haven’t registered any individual funds yet.
July 28 -
Three of the quartet join the South Dakota office, while the fourth is in Washington state.
July 23 -
Mike Santomassimo is succeeding John Shrewsberry, who has held the role for the past six years.
July 21 -
The shift comes after the bank reported its first quarterly loss since 2008.
July 15 -
The bank has been in turmoil relative to peers for years. The economic fallout from the coronavirus pandemic only made matters worse.
July 14 -
“Overall there were not many positive data points to hang your hat on,” according to analysts. Advisor headcount, net interest income and assets were down.
July 14