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
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…