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 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 -
The regional BD has maintained a steady influx of wirehouse advisors.
June 13 -
It was accused of pushing nearly 250,000 unaware customers into delinquency.
June 7 -
The JPMorgan chief executive said he couldn't understand why Wells Fargo could have CEO Tim Sloan step down without a successor ready to go.
May 28 -
While the wirehouse has suffered from advisor attrition, the regional BD has grown its brokerage ranks.
May 22 -
The $230 million team — comprised of two former NHL players — moved over from the firm’s employee brokerage unit.
May 15 -
Advisors from rivals Merrill and Wells Fargo will join the firm. “Our recruiting pipeline is robust," an executive says.
May 10 -
The firm hopes the changes reflect its image as a “powerful, innovative and unified provider” of investment products, according to co-CEO Nico Marais.
April 30 -
Promising its tech will provide more features than any target date fund, the investment research giant makes a play for the advisor-managed account market.
April 24 -
C. Allen Parker was interrupted more than a dozen times as he tried to deliver opening remarks at the bank's its annual meeting.
April 24 -
With the board still conducting a hiring search, the strategy for fixing past problems and returning to revenue growth remains in flux.
April 22 -
Headcount is down more than 1,250 since a fake accounts scandal came to light in 2016.
April 16 -
PR campaigns won’t be enough to salvage the bank’s reputation after a series of scandals. Instead, it should look into adopting a new name, among other crucial steps.
April 10 -
The bank has been paring smaller business lines since scandals began erupting from its branch network in 2016.
April 9 -
Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.
April 7 -
J.D. Power’s annual survey of self-directed investors displayed generational differences and the impact of equity volatility.
April 4 -
The bank's decision to select its general counsel as successor to Tim Sloan, albeit on a temporary basis, focused attention on its frayed relationships with the Federal Reserve and the OCC.
March 29 -
The chairwoman of the House Financial Services Committee said Tim Sloan's resignation as CEO was "long overdue" but that other executives and directors should be removed as well.
March 29 -
The bank's general counsel is temporarily in charge of an external search for a new CEO.
March 29





















