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 new recruits include a father-and-son duo in Orlando.
September 12 -
Pockets of job growth are offsetting some of the dramatic cuts at the world’s largest lenders.
September 3 -
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Claims and counterclaims fly as arbitration panel orders an advisor to repay $1.66 million in promissory notes, but that's not the last word in this nearly five-year long dispute.
August 29 -
A pastor was falsely arrested for check fraud because of errors made by Wells Fargo employees. Now, he may be forced to resolve legal claims against the bank in arbitration.
August 28 -
The bank's performance puts it behind its largest U.S. competitors this year, signaling frustration in the market over the board’s quiet search.
August 20 -
The panel has had 13 public meetings since the Massachusetts senator’s last appearance, in May.
August 6 -
The new recruits join the firm’s employee channel from both wirehouses and the independent space.
August 5 -
Former retail brokerage head David Kowach is moving to the consumer bank.
August 1 -
The new recruits managed over $300 million in client assets.
July 25 -
Michelle Rudd opened a new office for Summit Trail Advisors, a $5 billion independent firm.
July 24 -
Lenders have learned that automated wealth management tools enhance interactions with clients — and bring in more business.
July 22 -
The beleaguered bank has suffered from attrition since a fake accounts scandal rocked the firm in 2016.
July 17 -
The bank has been slashing expenses, but executives acknowledged they remain high. Between having to hire thousands of compliance employees and waiting on the next CEO to be named, investments in new technology or other long-term growth are limited.
July 16 -
The interim CEO told analysts Tuesday that the company remains committed to hiring an outsider who isn't connected to its scandals of recent years.
July 16 -
Cathy Bessant is among executives who remain in talks with Wells Fargo, while JPMorgan Chase’s Gordon Smith won’t be taking the job, according to people with knowledge of the situation.
July 12 -
Six months in, the wirehouse is taking an unusually hands-on approach in its first foray into the RIA space.
June 24 -
The fate of Mary Mack is drawing attention because there are so few women within reach of the CEO suite across the nation’s 10 biggest banks.
June 21 -
The regional BD continues its accelerated expansion with the addition of three ex-wirehouse teams, including a father-son duo.
June 19 -
The former general counsel has signaled interest in staying on.
June 14
