John Stump, once seen as the All-American Main Street banker, is now battling to restore the bank's reputation.

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.

One of the recruits began his career in the late 1980s.

Plus, Wells Fargo hires a $700M team from J.P. Morgan Private Bank and helps a $587M Morgan Stanley team go independent.

The lender eliminated production goals in effort to reassure regulators, lawmakers and customers after employees opened more than 2 million accounts without clients’ approval.

The bank can adapt to adjustments needed to deal with claims it opened 2 million customer accounts without authorization, according to CFO John Shrewsberry.

The penalty is the largest ever imposed by the Consumer Financial Protection Bureau.

The wirehouse's three newest recruits are all industry veterans.

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.

The case is the latest related to alleged misconduct by a barred wirehouse broker who was also a nightclub owner.

Three advisers joined the firm's Advisor Select channel, where they are employees but can make additional business-decisions for their practice.

The firm's newest recruits come from boutique brokerage J.P. Morgan.

The adviser was also ordered to pay $300,000 to cover Wells Fargo's legal fees.

The group includes two recruits who began their careers in the late 1970s.

A proposed 22.3% increase in Medicare Part B premiums, if approved, will automatically be deducted from retirees' monthly checks.

Plus, Benjamin F. Edwards and Ameriprise each add recruits with more than $600M in combined AUM, and Morgan loses a $500M group.

These 12 program managers from our ranking have logged a combined 375 years in the wealth management industry.

Client claimed that adviser's recommended strategy earned fees and commissions for the bank but wrecked his inheritance from his great grandfather.

David Kowach oversaw approximately 11,000 advisers as head of the Private Client Group.

A Triad executive says the firm aims to work with more advisers who want to go independent but who need help dealing with increasing regulatory burdens.