Wall Street Layoffs Hit 21,000
By Jenny SuraneBank of America, for instance, has shrunk its headcount by about 5,000 since January and isn't replacing staff who leave.
June 28, 2023
Wells Fargo Investor Seeks Files in Probe Over Fake Interviews for Diverse CandidatesA Florida pension fund is demanding files about a possible criminal probe into whether the bank violated federal law.
June 01, 2023
Wells Fargo Advisors Picks Up New Head of National Sales From JPMorganBarry Simmons was most recently a managing director and head of J.P. Morgan Wealth Management's East Division.
May 30, 2023
Ex-Wells Fargo Exec to Pay $5M to SEC for Misleading InvestorsCarrie Tolstedt publicly endorsed the bank's "cross-sell metric" while knowing it included fake accounts, the SEC said.
May 16, 2023
Wells Fargo to Pay $1B in Class-Action LawsuitIt's one of the largest securities class-action settlements of the past decade, according to lawyers for the investors.
May 15, 2023
14 Highest-Paid CEOs in Financial Services: WSJMost CEOs on this list received lower pay than they were initially awarded, thanks to market fluctuations.
March 13, 2023
Will First Republic Advisors Flee to Bigger Firms?First Republic advisors are getting calls from rivals as SVB's failure shakes their firm, a lawyer says.
March 10, 2023
Wells Fargo Clients Report Missing Deposits as Bank Works on FixWhile social media posts indicated some customers were missing paychecks, the bank said accounts were secure.