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Wells Fargo

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Wells Fargo Broker-Dealers to Pay $3.4 Million

17/10/2017(0)
The Financial Industry Regulatory Authority (FINRA) announced that it has ordered Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC to pay more than $3.4 million ... Read More
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Lawyers are suing international banking and financial services company Wells Fargo

15/05/2017(0)
Lawyers for customers: Wells Fargo may have opened about 3.5M bogus accounts Lawyers suing Wells Fargo on behalf of aggrieved customers say the bank may have opened about 3.5 ... Read More
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Merrill Lynch to its brokers: make at least two client referrals to avoid a cut in pay

08/12/2016(0)
Merrill Lynch will require its brokers to make at least two client referrals to other parts of parent Bank of America Corp. next year to avoid a cut in ... Read More
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KPMG is getting questioned to Wells Fargo sales-practices scandal

03/11/2016(0)
Wells Fargo & Co. isn’t the only one having to answer to Washington over its sales-practices scandal. Its longtime auditor, KPMG LLP, is getting questioned, too. In a letter ... Read More
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Blockchain applied for the first time in a global transaction

24/10/2016(0)
Blockchain, the technology behind digital currency bitcoin and now being used to simplify secure financial transactions, has been applied for the first time in a deal facilitated by an ... Read More
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Wells Fargo Chairman and CEO is stepping down following fake accounts scandal

13/10/2016(0)
Embattled Wells Fargo Chairman and CEO John Stumpf is stepping down from the bank he has led for nearly a decade, following intense scrutiny over a fake accounts scandal ... Read More
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Wells Fargo Fined $185 Million on Phony Accounts, Fires 5,300 Staff

09/09/2016(0)
California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank’s employees illegally opened millions of unauthorized accounts for their customers in order to ... Read More
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Wells Fargo named new president and head of WFA

16/08/2016(0)
Wells Fargo & Company (NYSE: WFC) announced that David Kowach has been named president and head of Wells Fargo Advisors, LLC (WFA), the company’s national retail brokerage, effective immediately.  ... Read More
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The world’s most valuable bank plans to start a robo-advisory service in 2017

21/07/2016(0)
The world’s most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said Wells Fargo & Co., the world’s most valuable bank, plans ... Read More
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