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The company’s acquisition will allow it to target prospective clients who are still in the wealth creation phase of life, says CEO James Gorman.

The asset manager’s share price fell 24% in 2018 while institutions have pulled money from its investment products for three straight quarters.

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.

Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.

The famed investor recommends 90% large-cap U.S. stock and 10% short-term government bonds. Is it a crazy idea?

The bill has bipartisan support in the House and Senate.

Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.

The asset manager is shifting more responsibility to regional leaders.

The presidential hopeful ups the pressure on FINRA and lays down another plank in a platform seen as hostile to Wall Street.

Dan Arnold received $7.1 million in 2018, far below the longer-tenured chiefs of rival firms Ameriprise and Raymond James.

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.

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.

The bank's general counsel is temporarily in charge of an external search for a new CEO.

Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.

He helped navigate the firm through the financial crisis and was once seen as a potential successor to CEO James Gorman

Tim Sloan stepped down effective immediately amid mounting pressure over the lender's scandals.

The embattled executive says the nation’s fourth-largest bank “will benefit from a new CEO and fresh perspectives."

The Treasury and IRS are lowering the withholding underpayment threshold to 80%.

The Massachusetts Democrat has repeatedly called for Tim Sloan’s ouster due to the bank's scandals that first came to light in 2016.

The purchase will add to one of the asset manager’s key businesses, Aladdin.