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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 ordered to pay over $14M by CFTC for violating conduct standards

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: theflyonthewallNov 8th, 2019

U.S. CFTC orders Wells Fargo Bank to pay $14 million over alleged violations

The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer business conduct standards violations, the agency said in a statement on Friday......»»

Category: topSource: reutersNov 8th, 2019

CBS Whistleblower Program "a rehash of old news" on SeaWorld, says 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: theflyonthewallJun 10th, 2019

Mallinckrodt strongly disagrees with whistleblower suit, says 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: theflyonthewallApr 12th, 2018

Wells Fargo ordered to pay $97M to California mortgage bankers, LA Times 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: theflyonthewallMay 9th, 2018

Wells Fargo owes $97 million to California workers

A federal judge has ordered Wells Fargo to pay $97.3 million in damages to mortgage workers in California who weren't paid enough for their breaks......»»

Category: topSource: moneyMay 10th, 2018

How Wells Fargo is making most of this year"s PGA Tour event at Quail Hollow

The bank and predecessor Wachovia Corp. have served as the event title sponsor from the start in 2003......»»

Category: topSource: bizjournalsMay 3rd, 2024

How Kendall Alley drove Wells Fargo"s evolution as sponsor of PGA Tour event

Kendall Alley reflects on the bank’s evolution as the main sponsor of the Wells Fargo Championship as that deal with the annual PGA Tour event winds down......»»

Category: topSource: bizjournalsMay 3rd, 2024

Wells Fargo"s diverse segments group is a key driver of growth in Houston, bank says

Houston is already a key growth market for Wells Fargo & Co. (NYSE: WFC), but the bank sees significant opportunities for its new group......»»

Category: topSource: bizjournalsMay 3rd, 2024

Wells Fargo & Co: An Exploration into Its Intrinsic Value

Related Stocks: WFC,.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Wells Fargo"s Options Frenzy: What You Need to Know

read more.....»»

Category: blogSource: benzingaApr 25th, 2024

When Tesla Dips, These Six S&P 500 Stocks Including eBay, Walmart And Wells Fargo Often Soar: Analysis

While Tesla's shares have seen a 40% drop this year, these six stocks have generally risen. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024

Super Micro Computer stock crashes 23%, drags down AI darling Nvidia after it doesn"t preannounce earnings

SMCI did not offer Wall Street "a positive preannouncement, which is being considered a negative," Wells Fargo Securities said. .....»»

Category: worldSource: nytApr 19th, 2024

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: bizjournalsApr 18th, 2024

Wells Fargo CEO: Asset cap’s ‘reputational overhang’ hinders growth

Most banks talk about all they're doing for customers. Wells Fargo's CEO talks a.....»»

Category: topSource: bizjournalsApr 16th, 2024

Nonprofit center in Gallup hopes to help unbanked and underbanked communities gain financial literacy

Operation HOPE, a nonprofit focused on improving financial literacy, is looking to help New Mexico’s Indigenous communities via a new center in a Gallup Wells Fargo branch......»»

Category: topSource: bizjournalsApr 15th, 2024

Daily Digest: Shell to wind down Volta; Layoffs at Golden Gate Fields

Good morning, Bay Area. Starting your Friday in banking, Wells Fargo & Co. missed estimates for net interest income in the first quarter, but bested analysts' expectation in both earnings per share and revenue. In food news, chef Dominique Crenn i.....»»

Category: topSource: bizjournalsApr 12th, 2024

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