Wells Fargo Preps for Wealth Battle After $1B Turnaround
By Hannah LevittThe bank wants to lure hundreds of independent advisers to FiNet, says wealth and investment chief Barry Sommers.
September 01, 2023
Wells Fargo Persists in 'Lawless Ways,' Suit ClaimsSeparately, a judge dismissed another suit related to fake interviews allegedly conducted to meet diversity quotas.
August 25, 2023
Ex-Wells Fargo, LPL Rep Gets 3.5 Years in Prison for Stealing $626K From ClientsThe broker pleaded guilty to stealing from clients at both firms to fund his gambling and personal expenses.
August 25, 2023
Wells Fargo to Pay $35M Over Excessive FeesWells Fargo overcharged nearly 11,000 investment advisory accounts over $26.8 million in advisory fees, the SEC says.
August 24, 2023
Wells Fargo Customers Report Account Outages — AgainBank retail clients reported problems using their bank debit cards and transferring funds, for instance.
August 24, 2023
Wells Fargo Faces John Hancock Suit Over Life Insurance IssueWhat happens when the owner of an insurance policy uses it as loan collateral and sells it through a life settlement?
August 17, 2023
Wells Fargo Discriminated Against Older Advisor, Suit ClaimsA senior advisor says his supervisors sent his clients to a younger advisor and performed other discriminatory acts.
August 08, 2023
Wall Street's New WhatsApp Fines Take Tab Past $2.5BThe penalties are tied Wells Fargo and other banks' use of unofficial communication tools to conduct business.