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The legislation would encourage saving earlier by enrolling employees automatically in their company’s 401(k) plan, whenever a new plan is created.

Many taxpayers want to pay less themselves — but want others to pay more.

The firm expects to receive bids this month, according to a person familiar with the matter.

Renewed recruiting efforts and pumped-up tech are boosting headcount and fee-based assets.

The firm determined that the staffers defrauded the SBA “by making false representations in applying for coronavirus relief funds for themselves.”

At the center is a pledge not to increase rates on those making less than $400,000, and that various changes would only impact earnings above the threshold.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

Days after completing the purchase of E-Trade, CEO James Gorman’s second major transaction of the year aims to bulk up the firm’s asset management arm.

Whatever the outcome in November, taxpayers and their advisors should prepare for changes, an expert says.

“We’ve said no layoffs for this year and we’ll stick by that,” Chief Executive Officer Brian Moynihan said Thursday.

The market for newly minted stocks has exploded this year, with U.S. initial public offerings raising more than $80 billion so far.

The agency issued guidelines scaling back a tax break for client entertainment, following through on an element of President Trump’s 2017 tax overhaul.

Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.

Donald Trump has all but promised to dispute the election outcome if he loses. Wall Street’s taking him at his word.

A majority of wealth managers worry about non-business concerns such as the national debt, immigration, civil unrest and media bias, according to a new survey.

As Wells Fargo CEO Charles Scharf himself admitted, it’s an excuse — and a weak one.

Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.

The company has been experimenting with ways to recruit more women and minorities, including a program to hire professionals who had left banking.

The agency has 90 days to review files and reach decisions.

Charles Scharf has since apologized that his comments in a virtual meeting this summer were "misinterpreted."