Wells Fargo News Monitoring

Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps

Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash sweeps programs. The SEC alleged that the firms failed to consider the best …

Experts miss the point on moving Wells Fargo’s HQ

Every published analysis of Well Fargo’s Christmas-week decision to sell its longtime headquarters high-rise deep in San Francisco’s financial district has missed the entire point. Speculation has been rife that the huge California-centered bank plans to …

Alleged armed bank robber captured after Wells Fargo heist on College Street in Iowa City

IOWA CITY, Iowa — An alleged armed bank robber is custody after police say the person held up the Wells Fargo Bank on College Street in Iowa City. Police say at 2:19 p.m. on Friday responded to the bank robbery. Police say they then took the alleged robber …

Wells Fargo and Bank of America Agree to Pay Combined $60 Million to Settle SEC Probe

The U.S. Securities and Exchange Commission smacked Wells Fargo and Bank of America with a combined $60 million in penalties for allegedly mismanaging the cash sweeps of their clients. Cash sweeps are a method used by investment firms that automatically …

Wells Fargo, Merrill Lynch Pay $60M to Settle Cash Sweep Charges

The Securities and Exchange Commission has charged two registered investment advisor units of Wells Fargo and Merrill Lynch with compliance failures relating to their cash sweep programs. The firms have agreed to pay civil penalties of $60 million to …

Texas Instruments Stock Edges Higher Despite Price Target Cut By Wells Fargo Over Slowdown Concerns: Retail Remains ...

Wells Fargo analysts said they struggle to view Texas Instruments stock taking off after the fourth-quarter results due to a slowdown in demand. First Published Jan 17, 2025, 7:57 PM IST | Last Updated Jan 17, 2025, 7:57 PM IST Shares of Texas Instruments …

Wells Fargo, Merrill settle SEC 'sweeps' probe for $60M

Wells Fargo and Merrill Lynch agreed Friday to pay $60 million in total to settle SEC allegations that they didn't do enough to consider clients' best interests when placing their money in "cash sweeps" accounts. The announcement came as …

SEC slams Wells Fargo, Merrill with $60 million in penalties over clients’ cash

“These penalties are certainly significant enough to draw the big firms’ attention," one executive said. The ongoing effort by the Securities and Exchange Commission to get the financial advice industry to focus on the interest big firms pay to …

Wells Fargo ex-exec appeals $1.5M fine, OCC enforcement order

Paul McLinko, Wells Fargo’s former executive audit director, is appealing a $1.5 million fine and accompanying cease-and-desist order from the Office of the Comptroller of the Currency in connection with the bank’s 2016 fake-accounts scandal. McLinko filed …

Trump's proposed tariffs may increase New York City housing prices, Wells Fargo says

Jackie Benson, vice president and economist at Wells Fargo, said that Trump's proposed tariffs could dampen parts of New York City's economy, which has reached a state of normalcy despite an inflated cost of living.

Trump's proposed tariffs may increase New York City housing prices, Wells Fargo says

Wells Fargo Stock: Good Times Ahead

Wells Fargo in Washington D.C. in the United States of America, on July 12th, 2024. (Photo by Beata ... [+] Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty Images Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results …

SEC Charges Pair Of Wells Fargo Advisory Firms And Merrill Lynch With Compliance Failures Relating To Cash Sweep ...

The Securities and Exchange Commission today announced settled charges against registered investment advisers Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network LLC (collectively Wells Fargo Advisors) and against Merrill Lynch, …

Wells Fargo, Merrill Cash-Sweep Accounts Shortchanged Clients, SEC Alleges

(Bloomberg) -- Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling uninvested cash into sweep accounts that benefited the banks but not their clients, the US Securities and Exchange …

Wells Fargo firms, Merrill Lynch to pay $60 million to settle SEC charges

(Reuters) - The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have agreed to pay a combined $60 million in civil penalties to settle charges over compliance failures. According to …

Wells Fargo eyes customer engagement initiatives, growth

Dive Brief: Wells Fargo plans to boost customer engagement and grow its business after fulfilling consent order requirements, executives said on a Q4 2024 earnings call Wednesday. The bank accelerated efforts to refurbish branches and completed 730 …

Trump Administration's Pro-Business Promises Boost 'Optimism' For Wells Fargo: Here's What CEO Charles Scharf Said

Wells Fargo & Co. WFC CEO Charles Scharf expressed optimism about President-elect Donald Trump‘s return to The White House, citing expectations of business-friendly policies, during the bank’s fourth-quarter earnings call on Wednesday. What Happened: “ …

Judge tosses shareholder claims against Wells Fargo executives over ‘sham’ interviews

A federal judge agreed with the bank and three of its senior executives that the shareholders had failed to meet their burden to explain why it would have been futile for them to ask the board of directors to address their grievances against the executives …

Wells Fargo CEO promises major ‘enhancements’ to app coming after bank ‘accelerated’ restoring 730 branches

THE CEO of Wells Fargo plans on making banking apps more user-friendly. Streamlining both in-person and online facilities, the company renovated 730 branches by the end of 2024. 1 Mobile customers grew by 1.5million last yearCredit: GettyDuring a meeting, …

Robotics Process Automation Texas Set to Become a Hub for Advancements

The state of Texas is embracing robotics process automation to enhance efficiency and boost business competitiveness. MIAMI, FL, UNITED STATES, January 18, 2025 /⁨EINPresswire.com⁩/ -- MIAMI, Florida, January 18, 2025 - The robotics process …

Most famous cosplayer in Japan: World Heritage and Japanese Heritage 'NFT ART', On sale from January 17, 2025

Digital art of Japan's most famous cosplayer dressed in "cultural and historical costumes" is now on sale (with a special experience in Japan). MINATOKU, TOKYO, JAPAN, January 17, 2025 /⁨EINPresswire.com⁩/ -- The "Digital …

GreenX Digital Asset Exchange Announces Listing of Aetherium AI IDOL Platform Token

Aetherium AI IDOL Platform Will Revolutionise the Global Entertainment Industry KUALA LUMPUR, MALAYSIA, January 18, 2025 /⁨EINPresswire.com⁩/ -- GreenX Digital Asset Exchange, a leading ESG Shariah Compliant platform in the digital asset market, …

Washington DFI Joins $106 Million Multistate Settlement With Vanguard Over Big Tax Bills, SEC to Coordinate Remediation

Company failed to supervise certain registered persons and to disclose potential tax consequences to hundreds of thousands of investors cited in settlement OLYMPIA, WA, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- The Washington State …

Visionary Innovator Mike Pell, Inventor of Acrobat & PDF, to Keynote TRANSACT 2025

Mike Pell, PDF creator & innovation leader, keynotes TRANSACT 2025 (April 2-4, Vegas) on AI & visualization reshaping payments. Learn more at TRANSACTshow.com. LAS VEGAS, VA, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- TRANSACT …

Aktualisierte Machbarkeitsstudie von Kiniero ergibt Steigerung der Goldreserven um 46 % und des Kapitalwerts um 89 % auf ...

NICHT ZUR WEITERGABE AN US-NACHRICHTENAGENTUREN ODER ZUR VERBREITUNG IN DEN USA WESENTLICHE ASPEKTE: Erhöhung der Reserven für die Nutzungsdauer der Mine („LoM“): Die Mineralreserven wurden um 442.000 Unzen oder 46 % auf 1,41 Millionen Unzen aus der …

L'étude de faisabilité actualisée de Kiniéro révèle une augmentation de +46 % des réserves d'or et de +89 % de la VAN, ...

NE PAS DISTRIBUER AUX AGENCES DE PRESSE AMÉRICAINES ET NE PAS DIFFUSER AUX USA FAITS MARQUANTS : Durée de vie de la mine (« LoM ») et augmentation des réserves :  Les réserves minérales ont augmenté de 442 000oz ou 46 % pour atteindre 1,41 million d' …

New Hampshire Emerging Technologies Caucus Announces First Meeting

CONCORD, NH, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- The New Hampshire State Legislature Emerging Technologies Caucus is pleased to announce its organizational meeting. Date: Friday, January 24 Time: 1:30 PM EST (1 hour) …

Paul Comstock Partners Welcomes Marc Shmerling as Managing Director of Investment Research

HOUSTON, TX, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- Paul Comstock Partners, a leading Houston-based wealth management firm, is delighted to announce the appointment of Marc Shmerling as the new Managing Director of Investment …

Rapid Surplus Refund: How National Equity Agency is Redefining Fund Recovery

Every year, millions of dollars in surplus funds from foreclosures go unclaimed, often because homeowners and heirs are unaware of their right to reclaim them. WEST PALM BEACH, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- In the …

Illinois Assessors Can Increase Property Values Individual Notice

According to O'Connor's analysis, the Illinois Assessors can increase your property value without individual notice. CHICAGO, IL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- If you are a property owner in Illinois, you should …

Estate Heir Recovers Surplus Funds Swiftly with National Equity Agency’s Expert Assistance

National Equity Agency has successfully assisted an estate heir in reclaiming unclaimed surplus funds left behind after a foreclosure. WEST PALM BEACH, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- In a remarkable case of foreclosure …

Trueness Project Partners with Kenya National Library Service to Promote Leadership, Flags Off Maiden Donation

NAIROBI, KENYA, January 17, 2025 /⁨EINPresswire.com⁩/ -- The Trueness Project, a nonprofit organization committed to fostering leadership and mentorship, has announced a strategic partnership with the Kenya National Library Service (KNLS), a …

Seawater: The Untapped Resource Renewing Agriculture

Waterdust Inc. Introduces Fertiltomix - A Technology Decades Ahead of Its Time SAN DIEGO, CA, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- Waterdust Inc., a sustainability-focused company founded in 2023, is proud to announce …

National Equity Agency Delivers Swift Surplus Refund for Estate Heir, Ensuring Financial Peace of Mind

National Equity Agency specializes in rapid surplus funds recovery, helping homeowners and heirs claim surplus funds left after foreclosure. WEST PALM BEACH, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- National Equity Agency, a …

Patricia Van Haren Promoted to Partner at Moradi Neufer

Patricia Van Haren's Promotion Strengthens Moradi Neufer's Leadership in Collaborative Family Law and Divorce Mediation Across California SAN FRANCISCO, CA, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- Moradi Neufer is pleased …

National Equity Agency Accelerates Estate Refunds with Swift Surplus Recovery for Heir

National Equity Agency Accelerates Estate Refunds with Swift Surplus Recovery for Heir BOCA RATON, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- The emotional and financial impact of foreclosure can be overwhelming. Losing a home—the …

Juuli Reports Growing Business Adoption in Global Freelance Payments

LONDON, UNITED KINGDOM, January 17, 2025 /⁨EINPresswire.com⁩/ -- Juuli, a global financial services platform specializing in freelancer invoicing and payments, is observing a significant shift as businesses increasingly adopt its services for …

Another Estate Heir Wins Big: National Equity Agency Secures Quick Surplus Refund

Another Estate Heir Wins Big: National Equity Agency Secures Quick Surplus Refund BOCA RATON, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- The Weight of Foreclosure: A Burden Lifted by Rapid Surplus Refund Foreclosure can be an …

National Equity Agency Makes Estate Refund Process Seamless with Another Rapid Surplus Recovery

National Equity Agency Makes Estate Refund Process Seamless with Another Rapid Surplus Recovery BOCA RATON, FL, UNITED STATES, January 17, 2025 /⁨EINPresswire.com⁩/ -- NEA’s Surplus Recovery Agents Reunite Heir with Rightful Inheritance… The …