Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and overseas.
Edward Dawson, a 37-year industry veteran, has moved his Wells Fargo team to the 21st floor of the same downtown San Diego building to join UBS.
Wells Fargo Advisors continues cost-cutting by consolidating management of its private client group, slimming to eight from 12 sales regions.
Armando Ureña and his team in Coral Gables switched to Snowden Lane Partners ahead of Wells’ shuttering of its foreign client business.
Wells Fargo & Co. plans to sell its asset-management business to two private equity firms, part of Chief Executive Officer Charlie Scharf’s efforts to dump non-essential operations and help the bank emerge from years of scandals.
Scott W. Reed of Scottsdale, Arizona, allegedly made nearly $200,000 for soliciting and facilitating at least $3.5 million in unapproved investments in a software company.
Group led by Stan Alpert and Gregg Kaufman had overseen $725 million in assets at Morgan Stanley.
Three Wells private banking officials join the management committee of Wells Fargo Advisors as bank-brokerage integration continues.
The regulator barred a bank-based broker who declined to cooperate with its investigation of allegations she had applied for the Small Business Administration’s support without a formal business.
California-based private bank is giving select recruiters up to 12% of a prospect’s trailing 12-month production—double the industry standard—in an offer that expires in April.
30-year brokerage veteran Kurt Bakken joins RBC Wealth Management-U.S. as branch director for its Rochester, Minnesota office while Ameriprise said another ex-Wells broker had doubled assets in a month.
Bank scrambles to retain brokers following its decision to prohibit them from servicing accounts of clients outside the U.S.