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>> WELLS FARGO Latest News

3 HOURS AGO - Washington Business Journal

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Wells Fargo CEO warns pressure on profits will continue

Wells Fargo shareholders and Wall Street watchers can expect to see continued pressure on the bank's margins, CEO John Stumpf told the bank's annual shareholder meeting, as "headwinds in our industry" continue. Stumpf made the comments at the meeting in Scottsdale, Ariz., reports the Wall Street Journal. San Francisco-based Wells Fargo is now the third-largest U.S. bank by assets, passing ...

Tags: Wells Fargo CEO warns pressure on profits will continue,  Wells Fargo Latest News

21 HOURS AGO - Washington Business Journal

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EyeVerify's Wells Fargo deal is 'huge stamp of validation'

Kansas City-based EyeVerify is "just beginning to crack the door" on financial services, but a new deal with Wells Fargo & Co. could bring big opportunity. "Wells Fargo is seen as one of the most innovative banks in the world, so when they do something innovative, a lot of other banks take notice – that tends to be a trendsetter," ...

Tags: EyeVerify's Wells Fargo deal is 'huge stamp of validation',  Wells Fargo Latest News

APR 28, 2016 - Washington Business Journal

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Major East Coast brokerage firm opens Cincinnati office

Philadelphia-based brokerage firm Janney Montgomery Scott has entered the Cincinnati market by opening a local office and staffing it with three investment advisers it snagged from Wells Fargo Advisors. Jeff Mossbarger, Drew Deimling and Chris Moler aligned with Janney on April 20 after leaving Wells Fargo. They’re located in the Towers of Kenwood. Mossbarger is senior vice president of wealth ...

Tags: Major East Coast brokerage firm opens Cincinnati office,  Wells Fargo Latest News

APR 28, 2016 - Washington Business Journal

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Wells Fargo executive sells more than $3.1 million worth of stock: Insider trading for April 19-25

The following purchases or sales of stock or exercises of options in St. Louis-based companies or in companies with local subsidiaries have been reported to the Securities and Exchange Commission by officers, directors and owners of more than 10 percent of the company’s stock. They took place April 19-25. Commerce Bancshares Inc.- Patricia Kellerhals, officer, sold 685 shares April 25 ...

Tags: Wells Fargo executive sells more than $3.1 million worth of stock: Insider trading for April 19-25,  Wells Fargo Latest News

APR 28, 2016 - Washington Business Journal

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SunTrust hires private wealth team from national bank

A private wealth team with hundreds of millions of client assets under management has made the jump from Wells Fargo to SunTrust, beefing up the Atlanta-based bank’s private wealth team in Palm Beach County. Four advisors made the move to the Jupiter outpost of SunTrust Private Wealth Management: Darren Dawson, John A. Kent, Mark J. Elliott, and Scott R. Friedman. ...

Tags: SunTrust hires private wealth team from national bank,  Wells Fargo Latest News