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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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
Wells Fargo took a $935 million hit as its own venture capital and private-equity bets sank in the first quarter. Here's a look at how it makes the investments.
Wells Fargo reported an 89% drop in overall profit for the first quarter as it also set aside billi…
Rebecca Ungarino  Â
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  Â
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  Â
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  Â
SigFig raised $120 million on the promise of reinventing investing, but hasn't announced a big partnership in years. Here's how it went from deals with UBS and Wells Fargo to struggling to compete.
The company personally managed some $485 million in assets as of March 2019, according to a regulat…
Rebecca Ungarino  Â
A Wells Fargo employee has coronavirus and Morgan Stanley, UBS, and Merrill Lynch all have offices in the same San Francisco skyscraper - here's what they're telling workers
Merrill Lynch, housed on floors inside 555 California St. including 9, has also been in touch with …
Rebecca Ungarino  Â
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  Â
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  Â
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  Â
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  Â
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 …