Ex-Wells Fargo Advisors: Scandals Hurt Our Business
Teamed advisors John Perry and Robin Johnson left Wells at the beginning of the month for RBC Capital Markets......»»
Wells Fargo"s "Smart" New Plan for Advisors
Opening RIA offices could help the business retain advisors, attract clients and brighten a narrative that has been darkened by scandals over the past two years.....»»
Wells Fargo accounts scandal was worse than you can imagine
One useful rule of thumb when it comes to business scandals is that they often seem to get worse after the initial disclosures, even after a string .....»»
That Wells Fargo accounts scandal was even worse than you can imagine
One useful rule of thumb when it comes to business scandals is that they often seem to get worse after the initial disclosures, even after a string .....»»
Wells Fargo names Bay Area business banking executives as part of restructuring
The restructuring of business banking is the latest sign that Wells Fargo’s leadership might be finally putting a series of scandals behind them......»»
THE LIST: Charlotte"s largest financial-planning, wealth-management firms
This week’s Charlotte Business Journal lists Charlotte’s financial-planning firms, ranked by number of Certified Financial Planners. Wells Fargo Advisors PCG tops the list with 34 Certified Financial Planners in its Charlotte-area offices, followe.....»»
Wells Fargo lowers expected earnings hit from regulatory cap on assets
BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on asset growth imposed by regulators after various sales practices scandals would hurt earnings less that it expected this year, and forecast 2019 expenses below Wall Street expectations......»»
Wells Fargo trims expected hit from regulatory cap on assets
BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations......»»
Wells Fargo to restructure wealth management business
Wells Fargo & Co. said Monday it is considering restructuring and possibly combining two of its retail brokerage businesses, including St. Louis-based Wells Fargo Advisors. A Reuters report identified the divisions as those led by David Kowach (W.....»»
Wells Fargo CFO says reputation issues a challenge for wealth unit
Wells Fargo & Co's wealth and investment management unit may be having a harder time generating new business because of damage to the bank's reputation from scandals over its sales practices, Chief Financial Officer John Shrewsberry said on Friday......»»
Wells Fargo sees inflation taking heavy toll on small-business optimism
Persistent inflation has Wells Fargo and much of Wall Street reining in expectations for interest rate cuts this year......»»
Wells Fargo sees inflation taking heavy toll on small business optimism
Rising inflation has Wells Fargo and much of Wall Street reining in their expectations for Fed rate cuts this year......»»
Wells Fargo "making good progress" on initiatives to improve business, CEO says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Wells Fargo jumps as the bank reportedly gets Federal Reserve approval for overhaul plan
Wells Fargo stock climbed after a Bloomberg report the lender is moving closer to the Fed taking away an asset cap that has hurt the lender's growth. A Wells Fargo ATM machine sits in Los Angeles. Reuters Wells Fargo stock hit a high.....»»
Wells Fargo sees expenses of about $53B ex-restructuring charges, business exits
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Lenders ready themselves for new round of PPP loans
It may be hard for small-business owners to forget Wells Fargo's initial disastrous PPP rollout......»»
Wells Fargo sells off $10 billion private student loan business to private investors
San Francisco banking giant Wells Fargo & Co. has sold off its $10 billion private student loan portfolio as it looks to shed costs amid a directive under CEO Charlie Scharf to cut billions of dollars in expenses and retrench the lender into its .....»»
Pinnacle Financial bulks up in Raleigh by landing former Wells Fargo bankers
Quietly, a group of financial advisors has left Wells Fargo for Pinnacle Financial in Raleigh......»»
Goldman Sachs eyes Wells Fargo, PNC, US Bancorp spiking stocks
Goldman's business model may need a boost......»»
Goldman Sachs eyes Wells Fargo, PNC, US Bancorp as deal talks resurface
Goldman's business model may need a boost......»»
Wells Fargo faces government inquiries into its PPP lending
Federal and state agencies are looking into Well Fargo & Co.'s lending through the U.S. Small Business Administration's Paycheck Protection Program, the bank said in a filing Tuesday. San Francisco-based Wells Fargo (NYSE: WFC) also said it’s f.....»»