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.
Wells Fargo
First Republic Lands $10-Mln Trio of Wells Fargo Private Bankers
Group, who moved with two support staff, had overseen around $2 billion in customer assets, according to a person familiar with their practice.
Bank of America, JPMorgan Make It More Expensive to Stay Unvaxxed
Meanwhile, Wells Fargo is “reviewing the new requirements” set out by the Biden administration as it evaluates potential policy changes.
Wells Nabs $1 Mln-Plus Producers in TX and OH, Loses Indie Broker to LPL
M. Tracy Barker, a 33-year industry veteran in Cincinnati, is joining Wells and bringing along his daughter, previously a Proctor & Gamble finance manager, as a trainee.
Merrill Offers $200 Payments to Vaccinated Staffers Who Return to Office
The payments are being offered to those in field roles, excluding advisors and office managers, a company spokesman confirmed.
Another Team with a $600-Mln-Plus Book Leaves Merrill in Greenville, SC
A five-person team, led by two Merrill Lynch lifers, defected from the wirehouse for Raymond James & Associates on September 29, according to registration records.
Judge Denies Ex-Credit Suisse Broker’s Bid to Overturn $300k Award
The broker, who had represented himself in the underlying arbitration, said the panel unfairly ordered hearings to proceed even though he was suffering long haul effects of the Covid-19 virus.
UBS Claws Back $1.9-Mln in Notes Case But Owes Broker $300K for His Trouble
A three-person arbitration panel sided with UBS for the majority of the award against a broker who joined Wells in 2017 but also said the firm had misrepresented its loan program and agreed with the broker’s constructive discharge claim.
Wells Binges on Million-Dollar UBS Producers in New England and South Florida
Among several new hires, Wells plucked three UBS brokers with a combined $3.7 million in annual revenue, including a New England duo and solo producer in Boca Raton.
Wells Fargo Advisors Rolls Out eMoney Planning Tool for Brokers
A manager at the firm said that the software, which will be rolled out through 2022, marks a significant improvement from the current Envision program.
Wells Fargo Pact in U.S. Foreign Exchange Suit Is Latest in Saga
Wells Fargo & Co. agreed to pay $37 million to settle U.S. claims that it overcharged almost 800 commercial customers that used its foreign exchange services, the latest in a series of scandals at the bank.
RBC Plucks $450 Million-AUM Nebraska Team from Wells Fargo
Led by 20-plus-year industry vets Jerold Doell Jr. and Douglas Kuszak, the four-person team joined RBC in Lincoln.
