Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly ...
Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf ...
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...
Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and ...
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
Company has disclosed the compensation details for its CEO and President, Charles W. Scharf, who will receive $31.2 million for his performance in 2024. The announcement was made following approval by ...
Financial services company Wells Fargo has announced the upcoming retirement of Jon Weiss, the co-CEO of corporate and ...
Brokerage firms may seek to sweep cash into affiliated banks, often paying low interest rates. According to some reports, brokers could make 10 times more than their customers do on their cash.
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report) and keeping the price target at ...
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million to settle charges with the Securities and Exchange Commission over what the regulator on Friday called a ...