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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......»»

Category: topSource: barronsOct 21st, 2018

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.....»»

Category: topSource: barronsDec 12th, 2018

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 .....»»

Category: topSource: moneycentralJan 29th, 2020

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 .....»»

Category: topSource: moneycentralJan 29th, 2020

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......»»

Category: topSource: bizjournalsJun 10th, 2019

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.....»»

Category: topSource: bizjournalsApr 26th, 2019

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......»»

Category: topSource: reutersMay 10th, 2018

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......»»

Category: topSource: reutersMay 10th, 2018

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.....»»

Category: topSource: bizjournalsJun 19th, 2018

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......»»

Category: topSource: reutersJul 13th, 2018

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......»»

Category: topSource: bizjournalsApr 11th, 2024

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......»»

Category: topSource: bizjournalsApr 10th, 2024

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.....»»

Category: blogSource: theflyonthewallApr 14th, 2021

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.....»»

Category: dealsSource: nytFeb 17th, 2021

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.....»»

Category: blogSource: theflyonthewallJan 15th, 2021

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......»»

Category: topSource: bizjournalsDec 28th, 2020

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 .....»»

Category: topSource: bizjournalsDec 22nd, 2020

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......»»

Category: topSource: bizjournalsDec 20th, 2020

Goldman Sachs eyes Wells Fargo, PNC, US Bancorp spiking stocks

Goldman's business model may need a boost......»»

Category: topSource: foxnewsMay 14th, 2020

Goldman Sachs eyes Wells Fargo, PNC, US Bancorp as deal talks resurface

Goldman's business model may need a boost......»»

Category: topSource: foxnewsMay 14th, 2020

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.....»»

Category: topSource: bizjournalsMay 6th, 2020