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How OfficeMax"s former CEO lost more than $4 million, thanks to Wells Fargo"s investment advice

Wells Fargo’s wealth management unit has been ord.....»»

Category: topSource: latimesJul 20th, 2018

Wells Fargo fined $35 million in SEC settlement over investment advice

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

Category: topSource: washpostFeb 27th, 2020

The Wall Street Journal: Wells Fargo clawed back $15 million in pay from former CEO Tim Sloan

Timothy Sloan, the Wells Fargo & Co. chief executive who left last year after failing to turn around the troubled lender, lost $15 million in compensation after he exited......»»

Category: topSource: marketwatchMar 16th, 2020

A 6.2% Yield Makes WFC Stock Attractive, but Its Culture Is Worrisome

InvestorPlace - Stock Market News, Stock Advice & Trading Tips At 20, even if an investment in Wells Fargo goes south, a young investor has plenty of time to recover those losses. And, yes, it’s possible that Scharf will be the person to right.....»»

Category: topSource: investorplaceMar 14th, 2020

Former Wells Fargo CEO joins investment firm

Fortress Investment Group said former Wells Fargo CEO Tim Sloan has joined the company as a senior adviser. Sloan will be based in Fortress’ office in Los Angeles, where he has long resided. Sloan will offer advice and counsel to the investment fi.....»»

Category: topSource: bizjournalsMar 4th, 2020

SEC orders Wells Fargo pay $35 million for recommendations of high-risk products

The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products......»»

Category: topSource: reutersFeb 27th, 2020

U.S. SEC orders Wells Fargo pay $35 million for recommendations of high-risk products

The U.S. Securities and Exchange Commission said on Thursday it had ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products......»»

Category: topSource: reutersFeb 27th, 2020

Wells Fargo office building in Glendale sells for $20.6 million

The deal marks the ninth office purchase for a Denver real estate investment firm......»»

Category: topSource: bizjournalsAug 13th, 2019

SEC fines Wells Fargo Advisors over investment sales

(Reuters) - The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: reutersJun 25th, 2018

Wells Fargo fined by SEC over investment sales misconduct

(Reuters) - Wells Fargo & Co will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees......»»

Category: topSource: reutersJun 25th, 2018

SEC fines Wells Fargo Advisors over investment sales

The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: moneycentralJun 25th, 2018

Wells Fargo investment arm reaches $5M settlement with SEC

Wells Fargo Advisors, the brokerage subsidiary of Wells Fargo & Co., has agreed to pay $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments (MLIs) to retail investors, the U.S. Securities and Exchange Comm.....»»

Category: topSource: bizjournalsJun 26th, 2018

Wells Fargo says hundreds of customers lost homes after computer glitch

Wells Fargo said it has set aside $8 million to compensate customers that were wrongly denied mortgage modifications......»»

Category: topSource: cnnAug 5th, 2018

Wells Fargo wants to dismiss former CEO Tim Sloan"s $34 million lawsuit

Wells Fargo seeks to throw out a $34 million lawsuit filed last year by former CEO Tim Sloan......»»

Category: topSource: bizjournals3 min. ago

PAMP It: Costco Selling Up To $200 Million In Gold Bars Per Month, Wells Fargo Estimates

PAMP It: Costco Selling Up To $200 Million In Gold Bars Per Month, Wells .....»»

Category: dealsSource: nytApr 10th, 2024

Wells Fargo downgrades Apollo Investment with de-leveraging complete

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: theflyonthewallMay 24th, 2021

Apollo Investment downgraded to Equal Weight from Overweight at Wells Fargo

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: theflyonthewallMay 24th, 2021

Wells Fargo says cryptocurrencies have evolved into "viable investment asset"

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: theflyonthewallMay 19th, 2021

Warren Buffett dumps almost all of his remaining Wells Fargo shares

The stock sale marks a closing chapter in Warren Buffett's storied history with his investment in Wells Fargo that began in 1989......»»

Category: topSource: bizjournalsMay 18th, 2021

"The Biggest Reduction In History": Wells Fargo"s Mayo Predicts 200,000 Banking Jobs Lost Over Next Decade

"The Biggest Reduction In History": Wells Fargo's Mayo Predicts 200,000 Banking Jobs Lo.....»»

Category: blogSource: zerohedgeMay 18th, 2021

Is Wells Fargo and Company (WFC) A Good Investment Choice?

Davis Funds, an investment management firm, published its “Davis Global Fund” fourth quarter 2020 investor letter – a copy of which can be d.....»»

Category: topSource: insidermonkeyApr 7th, 2021