Wells Fargo Posts

A Billion Dollars

Business

Goldman Ramps Up, Corzine Earned, Raymond James Step-Down, Wells Fargo To Expand

Here's a few interesting items currently doing the rounds.

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People & Firms

Wells Fargo Appoints Chief Compliance Officer

Wells Fargo has announced that it has named Yvette Hollingsworth Chief Compliance Officer.

Tax & Business Calculator

Business

BNP / SocGen Brace Themselves, Credit Suisse Seeks, HSBC Investment Banking Rebound, Wells Fargo Skepticism

Here's a few interesting stories currently doing the rounds.

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Wells Fargo Dominates Mortgages Still

Video

Wells Fargo Dominates Mortgages, Canadian Banks

Bloomberg's Gigi Stone reports on today's top news including Wells Fargo dominates home mortgages, the world's top ten strongest banks are all Canadian and Temasek sells Bank of China shares.

Taxi

Business

Morgan Stanley Alleged Taxi Spat, Goldman Spotlight, BNY Mellon Dismissal, Raymond James Boost, UBS Jump, Wells Fargo To Gain

Here's a few interesting stories currently doing the rounds.

Hand over Money

Business

FINRA Sanctions Citigroup, Morgan Stanley, UBS and Wells Fargo For Sales Of Leveraged and Inverse ETFs

The Financial Industry Regulatory Authority (FINRA) has announced that it has sanctioned Citigroup Global Markets, Morgan Stanley, UBS and Wells Fargo a total of more than $9.1m for selling leveraged and inverse exchange-traded funds (ETFs) without reasonable supervision and for not having a reasonable basis for recommending the securities.

Merge Lanes Road Sign

Business

Top Firm CEO Says No Need For Takeover

No urge to be merged.

MUFG To Hire 3,000 Still

Video

Mitsubishi to Hire 3,000, Wells Fargo to Buy Merlin

Bloomberg's Gigi Stone reports on Friday's top news including Mitsubishi UFJ Financial Group looking to hire 3,000 people, Wells Fargo to buy Merlin Securities and Credit Suisse sees continued low levels of client activity.

Wells Fargo Logo

Business

Wells Fargo To Aquire Merlin Securities

Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), today announced that a definitive agreement has been reached to acquire Merlin Securities, LLC, a San Francisco and NYC-based prime brokerage services and technology provider. Terms of the agreement were not disclosed.

Lion in South Africa

Business

Big Firms Prepare For Big Bust-Ups

Business as usual just ain't gonna cut it any more.

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