Anil Vazirani Scottsdale Investment Advisor shares SEC charges ex-Wells Fargo execs with misleading investors The Securities and Exchange Commission on Friday accused two former top Wells Fargo executives of misleading investors about a sales metric that was exposed as unreliable after bank employees were found to have opened fake accounts for customers in order to…
Anil Vazirani Scottsdale Investment Advisor shares Wells Fargo Profit Plunges 70% in Wealth and Investment Management
Anil Vazirani Scottsdale Investment Advisor shares Wells Fargo Profit Plunges 70% in Wealth and Investment Management Wells Fargo’s wealth unit reported net income of $180 million during the second quarter, down 70% year over year and 61% sequentially, as advisor head count continues to shrink. Wells Fargo & Co. reported Tuesday its wealth unit took…