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 bonus aims to help the firm cope with the industry’s aging demographics, executives say.
March 6 -
Elena Milianta joined the firm’s Alex. Brown division, which caters to wealthy clients.
March 1 -
The company said it might have to spend as much as $2.7 billion to resolve a variety of investigations and other legal troubles.
February 28 -
The bank's top critic makes it sound so easy.
February 22 -
After half a century, Christopher Sargent is making his first career change.
February 14 -
“We got to the point where we wanted a pure fiduciary relationship with clients,” Perry Mattern says.
February 12 -
House prices in the area, already home to Bank of America and Wells Fargo’s East Coast hub, have jumped almost 50% since 2012 and rents downtown have soared.
February 11 -
The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.
February 8 -
Customers reported being unable to access online banking, mobile banking or their debit cards.
February 7 -
Raymond James's culture and "access to leadership" were among motivators advisors cited for their moves.
February 4 -
The bank pledges to handle customer complaints better and reexamine its lending practices.
February 4 -
The team joined AdvicePeriod, which has more than two dozen advisors and $2.2 billion in AUM.
February 4 -
The bank is targeting advisors with $100 million or more in assets.
January 30 -
The senator’s presidential ambitions are becoming another headache for the Wells Fargo CEO.
January 30 -
The firm has jettisoned a longtime strategy of growing its own leaders.
January 28 -
The division’s chief investment officer and head of multi-asset solutions will take over in the interim as co-heads.
January 22 -
An analyst expects “solid” recruiting figures for the fourth quarter after the No. 1 IBD added the five-advisor group plus an ex-Raymond James bank program.
January 17 -
The firm has lost more than 1,100 advisors since a phony accounts scandal came to light in 2016.
January 15 -
For investors who were hoping for a turnaround quarter, better luck next time.
January 15 -
They’re going into the season with weaker earnings expectations as they contend with a pileup of share downgrades.
January 10
