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1 min read

Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices

The settlement would be just the most recent in a slew of sanctions the bank has faced since the sc…

Gwen Everett   


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2 mins read

Wells Fargo bumped their new CEO's salary 40% - to $23 million - to convince him to join

It's also much more than Wells Fargo's last two CEOs were paid, according to the report. Former CEO…

Carmen Reinicke   


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3 mins read

A veteran Wells Fargo Advisors exec who helped navigate sweeping regulatory changes to the wealth industry just retired

Last July, Wells Fargo named Jim Hays as president and head of Wells Fargo Advisors, and shifted hi…

Rebecca Ungarino   


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2 mins read

Wells Fargo is moving a wealth exec into its scandal-plagued consumer bank to fill a new 'chief accountability officer' role

With her seat open, the firm's wealth operations are now looking to fill at least two senior leader…

Rebecca Ungarino   


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4 mins read

The new head of Wells Fargo's massive wealth arm explains why human financial advisers should embrace roboadvisers, not fear them

Some firms are pouring resources into making the basics of managing money more automated - Charles …

Rebecca Ungarino   


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2 mins read

Wells Fargo: 'Bullishness' on Apple 'should be tempered'

"However, we believe this is the incorrect way to model iPhone units as it has two inherent flaws: …

Kif Leswing   


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3 mins read

Wells Fargo insiders say they're facing a firestorm without clear PR leadership

Employees' frustration at what they perceive as a lack of PR leadership has surfaced on other calls…

Dakin Campbell   


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1 min read

Wells Fargo board members are reportedly in talks to hire former Goldman Sachs exec Harvey Schwartz as its next CEO

Schwartz has one serious competitor, but the person's identity "couldn't immediately be learned," t…

Madeline Shi   


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2 mins read

Trump says penalties for Wells Fargo mortgage-lending scandal could be 'substantially increased'

Reuters reported on Thursday that Mick Mulvaney, the director of the Office of Management and Budge…

Bob Bryan   


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4 mins read

Rebecca Ungarino   


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3 mins read

Wells Fargo and USAA lead in offering mobile features consumers would switch banks for

The full report will be available to BI Intelligence enterprise clients in November. To learn more …

Dan Van Dyke   


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4 mins read

The Wells Fargo outage was caused by an 'automatic power shutdown' at its data center after smoke was detected. Here's what we know

"The system issues were caused by an automatic power shutdown at one of Wells Fargo's main data- c…

Meira Gebel   


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3 mins read

Wells Fargo got a huge boost from Trump's victory

Had the democratic party prevailed in the election, taking both the White House and the Senate, the…

John Maxfield   


Rebecca Ungarino   


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5 mins read

Rebecca Ungarino   


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2 mins read

POLL: 86% of Americans think that Wells Fargo's CEO should resign

Stumpf as not indicated that he plans to step down, though he did remove himself from the Federal R…

Bob Bryan   


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5 mins read

Wells Fargo has one heck of a scandal on its hands

Included in this cross selling, however, were incentives for lower-level employees to sign people u…

Bob Bryan   


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3 mins read

Frustrated Wells Fargo customers are saying their direct deposit paychecks aren't showing up a day after the bank was crippled by an outage

Wells Fargo ATM services have been restored and are available for customer use. Mobile and Onl…

Meira Gebel   


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4 mins read

5 top leaders at Wells Fargo's $1.9 trillion investing business told us the 4 areas they're most bullish heading into 2020 - even as returns slow

Samana says he considers himself neutral on emerging markets stocks, which may not be an overwhelmi…

Marley Jay   


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2 mins read

ELIZABETH WARREN RIPS INTO WELL FARGO CEO: 'You should be criminally investigated'

Warren said that cross selling, the practice of getting customers to sign up for new products from …

Bob Bryan  Â