Wells Fargo & Co. is facing a Department of Justice investigation into whether employees in the company’s wholesale-banking business improperly altered customer data, a person familiar with the matter said.
In first leg of a promised broad restructuring of its wealth and investment management division, bank shuttles reporting lines to brokerage veterans.
Wells Fargo & Co. is investigating employees in its investment bank for alleged violations of its expense policy after they tried to get the company to pay for ineligible evening meals.
Michigan broker who had spent 36 years at Wells and predecessor firms says small-account policies and red tape prompted him and his partner to look elsewhere.
Roger W. Burton, who has run UBS branches in Ohio, Kentucky, Minnesota, Arizona and L.A. over a career going back to 1987, hops to manage a competitor’s advisors.
Firm’s willingness to invest in the overhead of a new branch for solid, but not stellar, performers underscores eagerness to expand its employee channel brokerage force.
$2-million West Coast team joins Stifel, Charlotte advisor working with $150 million of client money goes to Baird, California A.G. veterans sign up with RayJay, and manager who had worked in Tennessee hangs up his spurs.