Just last month, Wells Fargo said it was selling its asset management business, with $600 billion in assets, to two private equity managers. MAR 05, 2021 By Bruce Kelly ...

A FINRA arbitration panel's decision marked a rare rebuke for a large wealth manager seeking to reclaim money it provided an ...

In addition to trimming the private bank's ranks and spreading resources thin, Wells Fargo management has also frustrated talent with its flip-flopping on strategies, people who spoke to Insider said.

Wells Fargo is set to vacate its long-standing location at the West End Center in downtown Winston-Salem, a move that will ...

While having ceded the No. 1 spot among originators a while ago, Wells Fargo is still a significant player. United Wholesale Mortgage, the most prolific lender in the third quarter, produced $33.5 ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

The Federal Reserve system's top crusader against banks that are too big to fail doesn't think the latest Wells Fargo scandal is a case of a company that's too large to manage. "This is just bad ...

For Wells, previously regarded as a responsible, stable lender with sound management, the scandal touched off a reckoning with its internal sales culture and how the firm was run more broadly.

Unions rise again: Labor collectives vs. Amazon 04:58. One of the nation's largest labor groups is accusing Wells Fargo of trying to deter employees at the financial giant from forming a union.

Wells Fargo ’s wealth management unit increased interest rates it pays on client cash in sweep accounts, a change that is expected to reduce net interest income by about $350 million this year ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.