Wells Fargo Wins Appeal in FINRA Arb Case
By Melanie Waddell"Nothing indicates that Wells Fargo manipulated the arbitrator pool," the appeals court in Georgia ruled.
June 02, 2022
Sen. Sherrod Brown Tells CEO Scharf to Fix Wells FargoWells Fargo, "unfortunately, continues to demonstrate its inability to address its longstanding risk management failures," Brown said.
May 24, 2022
Ex-Wells Fargo Exec Who Alleged Fake Job Interviews Plans to Sue Over His FiringJoe Bruno says he was terminated for complaining that women and minorities were interviewed for already-filled roles.
May 20, 2022
Wells Fargo Ordered by Arb Panel to Pay Ex-Credit Suisse Rep Over $987KThe broker accused the wirehouse of "aiding and abetting Credit Suisse's scheme to steal" his deferred compensation.
May 20, 2022
SEC Fines Wells Fargo Advisors $7M Over Anti-Money Laundering FailuresWells Fargo failed to file at least 34 suspicious activity reports in a timely manner.
April 15, 2022
Morgan Stanley, Citi Emerge as Winners of Earnings BlitzThe banks reported strong results in fixed income and equities trading that beats analysts' forecasts for revenue and earnings.
April 15, 2022
George Floyd Lawyer Joins Wells Fargo Racial-Disparity LawsuitA recent investigation found the bank approved 47% of Black applicants for mortgage refinancing vs. 72% of white applicants.
April 11, 2022
Wells Fargo Appeals Arb Ruling Struck Down in CourtThe findings in the judge's order "are false and wholly unsupported by the record," Wells Fargo Advisors states.