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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Massachusetts is probing whether the firm's wealth management unit steered clients toward inappropriate investments and high-cost accounts.
March 8 -
It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.
March 8 -
Religious groups threaten to withdraw shareholder proposal on the bank’s decision.
March 7 -
The move comes at a bad time for the firm, which amid scandals and mounting regulatory scrutiny has lost more than 300 advisors in a year.
March 6 -
One recruiter says, "If I'm an advisor at Wells Fargo right now, I have to ask myself is this the firm I want to tie my future to?"
March 2 -
The beleaguered bank is reported to have been ordered by the Justice Department in late 2017 to conduct an independent investigation of the business.
March 1 -
Planners looking for fewer restrictions and regulation are steadily leaving wirehouses.
March 1 -
‘The firm gives advisors the ability to choose who they do business with and doesn’t put limitations on minimum account size,’ one advisor says.
February 28 -
The advisor fleeced the duo of nearly $1 million by misappropriating their stock holdings and initiating unauthorized wire transfers from their bank account, prosecutors allege.
February 26 -
The Raymond James affiliated firm has been aggressively recruiting from wirehouses in recent months.
February 21
