Morgan Stanley, Goldman and Wells Fargo to Settle $120M Lawsuit
By Bob Van VorisThe trio helped Bill Hwang’s $36 billion family office place massive bets on stocks.
May 15, 2025
11 Best & Worst Broker-Dealers: Q1 Earnings, 2025Two of the firms reported earnings declines from a year ago — one tied to a large regulatory payment.
February 27, 2025
LPL Adds $1.15B Wells Fargo FiNet Team in CaliforniaTownsgate Wealth Management, founded in 2016, has grown into an ensemble practice serving wealthy investors.
January 15, 2025
Wells Fargo Shares Rise on Cost CutsThe bank's expenses dropped 12% in Q4 as CEO Charlie Scharf continues to whittle headcount.
January 15, 2025
Ex-Wells Fargo Executives Face Millions in Fines for MisconductA 2020 investigation by the OCC concluded that the executives opened millions of unauthorized customer accounts.
December 20, 2024
Wells Fargo and LPL to Pay $1.8M to Settle SEC ChargesEach firm agreed to pay a $900,000 penalty for failing to provide complete and accurate trading information.
November 25, 2024
Wells Fargo Loses Head of Advisor Recruiting to PNCBrendan Krebs will be managing director of PNCI Wealth Advisors.
November 19, 2024
Ex-Wells Fargo Rep Gets 3 Years in Prison for $4M Health Care SchemeA former Stifel, Wells Fargo and Morgan Stanley advisor was sentenced for defrauding public health insurance plans.