Citi: Advisor Improperly Lured Clients to Move Millions to Wells Fargo
By Dinah Wisenberg BrinMichael Fowler contacted clients multiple times to solicit them to switch firms, Citi alleges.
September 13, 2024
Wells Fargo Clearing to Pay $3M Over Reps' Unsuitable TradesThe firm failed to supervise short-term trading of income-generating securities, FINRA says.
August 30, 2024
Fired Wells Fargo Banker Says Her Advisor Boss Abused HerWells Fargo knew about mistreatment by one of its highest producing advisors but nothing changed, a lawsuit alleges.
August 29, 2024
Wells Fargo Worker Found Dead in Office After 4 DaysThe employee scanned in on a Friday and was discovered Tuesday, police confirmed.
August 07, 2024
SEC Probes Morgan Stanley, Wells Fargo Over Cash Sweep AccountsThe disclosures come as several firms face lawsuits saying they raked in profits while paying miserly interest rates.
July 30, 2024
Ameriprise and Wells Fargo Sued Over Low Interest on Client CashThe lawsuits follow similar client complaints against LPL Financial and Morgan Stanley.
July 23, 2024
Wells Fargo Profiled Customers, Fired Banker AllegesThe bank retaliated, Thomas Davis claims, after he reported that managers wanted prospects assessed by race and appearance.
July 12, 2024
Big Bank Stocks Stumble After Earnings MisstepsWells Fargo headed for its worst earnings-day drop Friday in more than three years after its net interest income missed estimates.