Wells Fargo Secures Mike Santomassimo as CFO Santomassimo will be succeeding John Shrewsberry and will join in fall of 2020.
BlackRock Gives Support to Nasdaq and NYSE Rival Exchange MEMX The exchange has received more than $65 million in its latest investment round.
Rob Ritchie Joins Wells Fargo as Head of Banking and Capital Markets Former HSBC co-head of UK investment banking is set to take up his new role next month
US SEC Fines Wells Fargo $500 Million for Misleading Clients The funds from the fine will be distributed to affected clients.
Wells Fargo to Pilot Its Own Crypto for Internal Settlements The bank has developed its own blockchain on R3’s Corda Enterprise.
NY Regulator Fines Wells Fargo $65 Million over ‘Cross-Selling’ Practices This illegal banking strategy has cost Wells Fargo hefty fines over the last two years.
Hong Kong Via Poland and Puerto Rico: Bitfinex Hops to Another Bank The cryptocurrency exchange may have been an HSBC customer only a couple of weeks ago.
Cowen Secures Former Wells Fargo Employee William Bassin as a Director Bassin will work in the firm’s prime services unit.
Wells Fargo Taps FX Veteran Robert Sabia as Senior FX Spot Trader Sabia will be reporting to Alan Kabbani, head of FX spot trading for the Americas.
Wells Fargo Files Patent for Blockchain System to Tokenize Sensitive Data The secure nature of blockchain technology could be used to manage and protect sensitive data.
Lawsuit Against Credit Suisse Seeking $300 Million for Brokers Is Dismissed Credit Suisse was accused of withholding compensation from around 200 of its former financial advisers.
Wells Fargo Bars Credit Card Holders from Purchasing Crypto It became the fourth Wall Street bank to take this move.
Wells Fargo: Cryptocurrency Crash Could Spill Over into Stock Market Wells Fargo head of equities comments on cryptocurrency in interview with CNBC.
Wells Fargo and WSJ Engage in a Spat Over the Bank’s FX Business Practices A story posted by the Wall Street Journal yesterday prompted a sharp response from the bank.
US Prosecutors Weigh Charges of Front-Running FX Order Against Wells Fargo Wells Fargo is planning on refunding hundreds of thousands of dollars to QSR.
Wells Fargo Sacks Four Forex Bankers, Opens Internal Probe on Practices Wells Fargo spokesperson Jessica Ong told Finance Magnates that she declines to comment on the bank’s investigation.
Wells Fargo Customers Get $3.4 Million in Restitution Over Sales Practices Wells Fargo consented to the order without admitting or denying the findings.
Wells Fargo Accidentally Leaks Wealthiest Clients’ Sensitive Data 50,000 wealthy clients' names, social security numbers, and other data delivered to third party by mistake.