Wells Fargo

Wells Fargo wealth income surges in Q3 as group profit dives

Wells Fargo’s wealth and investment management (WIM) division has reported a net income of $1.28bn for the third quarter of…

Wells Fargo poaches BNY Mellon CEO as its new chief

US-based banking group Wells Fargo has hired BNY Mellon CEO Charles Scharf as its new chief executive officer. Scharf will…

Two former Wells Fargo advisers launch new RIA in Massachusetts

Sarah Berry and Michael Machnowski, previously with Wells Fargo Advisors, have teamed up to launch a fee-only RIA in Worcester,…

Wells Fargo names new head of brokerage arm

Wells Fargo Advisors, the brokerage unit of American banking group Wells Fargo, has appointed Jim Hays as its new president…

Wells Fargo hires new private bank head

Wells Fargo has appointed Julia Wellborn as head of Private Wealth Management, a unit within Wealth & Investment Management (WIM).…

Wells Fargo wealth income soars in second quarter

The wealth and investment management arm of Wells Fargo has registered a net income of $602m in the second quarter…

Wells Fargo wealth income plunges in Q1

The wealth and investment management division of Wells Fargo has reported a net income of $577m for the first quarter…

Principal to acquire Wells Fargo’s retirement division for $1.2bn

Principal Financial Group has agreed to buy Wells Fargo’s Institutional Retirement & Trust (IRT) arm in a $1.2bn deal. The…

Wells Fargo wealth arm income up for Q3 2018

The wealth and investment management (WIM) arm of Wells Fargo has posted a net income of $732m for the third…

Wells Fargo wealth unit profit slumps 37% in Q2

The wealth and investment management (WIM) arm of Wells Fargo has posted a net income of $445m for the second…