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The bank's former chief executive will pay a $17.5 million penalty and be banned from the industry.4h ago
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Some of Wall Street's most prominent executives have this in common: a long tenure.January 22
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The arbitrators based their ruling “on the defamatory nature of the information.”January 22
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The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.January 14
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The bank was accused of infringing on another firm's patent for a mobile deposit system.January 13
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The regional broker-dealer is among the industry’s most aggressive recruiters.January 10
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“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”December 27
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“Wells Fargo does not appear close to putting its Washington troubles behind it,” Cowen analyst Jaret Seiberg wrote in a note.December 24
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Competitors such as Merrill Edge have taken similar measures on commissions.December 12
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Core payout rates for advisors will not change, but the wirehouse is making changes intended to spur advisors to focus on larger clients.December 12
