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’s president Tim Sloan has been meeting with members of Congress and their staffs in Washington, said people with knowledge of the discussions.
September 15 -
One of the recruits began his career in the late 1980s.
September 14 -
Plus, Wells Fargo hires a $700M team from J.P. Morgan Private Bank and helps a $587M Morgan Stanley team go independent.
September 13 -
The lender eliminated production goals in effort to reassure regulators, lawmakers and customers after employees opened more than 2 million accounts without clients’ approval.
September 13 -
The bank can adapt to adjustments needed to deal with claims it opened 2 million customer accounts without authorization, according to CFO John Shrewsberry.
September 13 -
The penalty is the largest ever imposed by the Consumer Financial Protection Bureau.
September 8 -
The wirehouse's three newest recruits are all industry veterans.
September 6 -
Peter Danilaitis worked at Home Depot almost a dozen years ago. Building on that experience, he's become one of the top leaders in wealth management.
September 6 -
The case is the latest related to alleged misconduct by a barred wirehouse broker who was also a nightclub owner.
September 6 -
Three advisers joined the firm's Advisor Select channel, where they are employees but can make additional business-decisions for their practice.
September 1
