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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“The bank had better tools and systems to detect employees who did not meet unreasonable sales goals than it did to catch employees” engaging in misconduct, the regulator said.
January 24 -
The bank's former chief executive will pay a $17.5 million penalty and be banned from the industry.
January 23 -
Some of Wall Street's most prominent executives have this in common: a long tenure.
January 22 -
The arbitrators based their ruling “on the defamatory nature of the information.”
January 22 -
The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.
January 14 -
The bank was accused of infringing on another firm's patent for a mobile deposit system.
January 13 -
The regional broker-dealer is among the industry’s most aggressive recruiters.
January 10 -
“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”
December 27 -
“Wells Fargo does not appear close to putting its Washington troubles behind it,” Cowen analyst Jaret Seiberg wrote in a note.
December 24 -
Competitors such as Merrill Edge have taken similar measures on commissions.
December 12
