Wells Fargo to Pay $3.7B for Mistreating Clients
By Hannah LevittThe action includes a $1.7 billion fine tied to issues with the bank's car loans, mortgages and deposit accounts.
November 12, 2022
Ex-Broker Pleads Guilty To Stealing $500K From ClientsJennifer Campbell, 47, faces a maximum penalty of 20 years in prison and a $250,000 fine.
November 08, 2022
Wells Fargo Picks Up $2.6B UBS TeamMargate Wealth has four advisors and offices in Short Hills, New Jersey, and New York.
October 24, 2022
BofA Economist: 'I Don't See How We Avoid a Recession'BofA's Ethan Harris and Wells Fargo's Jay Bryson both predict there will likely be a recession in 2023.
September 15, 2022
Sanctuary Wealth Adds Another Billion-Dollar Wirehouse TeamSLK Private Wealth had advised on over $1.6 billion in client assets at Wells Fargo Advisors.
September 14, 2022
SEC Charges Advisor With Stealing Over $743K From Clients, Including MLB PlayerThe fund transfers were used to pay for charges on his dead mother's American Express card, according to the SEC.
September 12, 2022
Wells Fargo to Pay $145M Over Company Stock in Its 401(k) PlanWells Fargo and a plan trustee caused the plan to overpay for stock, according to the Labor Department.
September 01, 2022
DOL Orders Wells Fargo to Pay $22M Over Whistleblower RetaliationSenior manager who was fired had repeatedly voiced concerns regarding conduct that violated relevant financial laws.