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 Advisors and Merrill Lynch offered bank deposit sweep programs, or BDSPs, as the only cash sweep option for most ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle U.S.

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 ...

Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling ...

Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...

Regulators took the wirehouses to task for not having policies directing advisors to consider clients' best interests.

Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report) and keeping the price target at ...