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Search Results: wells fargo
Results 140-150 of about 163
Date: December 23, 2010
A district court judge in Minnesota has ruled that Wells Fargo & Co. must pay four Minnesota nonprofits $15 million or more in costs, fees, and interests for breach of fiduciary and securities fraud .
Date: September 9, 2010
In other investment adviser news, a team of now former Wells Fargo Advisors advisers has joined Morgan Stanley Smith Barney. Francis Schiavetti and Ben Dembin’s base will be the Boca Raton, Florida office. The team reportedly manages $107 million in ...
Date: June 3, 2010
A jury has ordered Wells Fargo to pay four Minnesota nonprofits $30 million in securities fraud damages.
Date: May 3, 2010
Wells Fargo Advisors Financial Network, with a $48,322,148 average AUM/rep 2. Commonwealth Financial Network, with a $39,208,423 average AUM/rep 3. Raymond James Financial Services Inc. , with a $36,046,959 average AUM/rep 4. First Allied Securities Inc., with a $30,315,640 average ...
Date: March 31, 2010
The banks named as co-conspirators include JP Morgan Chase & Co , UBS AG , Lehman Brothers Holdings Inc., Bear Stearns Cos., Bank of America Corp , Societe General, Wachovia Corp (bought by Wells Fargo), former Citigroup Inc. unit Salomon ...
Date: September 10, 2009
Recruiting packages at wirehouses Merrill Lynch , UBS , Morgan Stanley , and Wells Fargo Advisers are between 200-250% of trailing 12-month production. In many instances, an investment adviser who satisfies production targets and brings in a certain percentage of ...
Date: August 20, 2009
According to Robert Lam, the commission chairperson, Wachovia failed to properly supervise its agents that dealing with investors over the sale of auction-rate securities, as well as engaged in business practices that were “unethical or dishonest.”
Date: July 8, 2009
Wells Fargo 2010 Fund : Lost 11% and is heavy in bonds. AllianceBernstein 2010: Dropped by 1/3rd; 57% invested in stocks. Deutsche Bank Fund: 4% down; favors fixed-income investments.
Date: July 3, 2009
FINRA is fining Wachovia Securities, LLC $1.4 million for its alleged failure to provide customers with product descriptions and prospectuses between July 2003 and December 2004, as well as for related supervisory failures.
Date: June 11, 2009
Until the bear market struck, structured products did incredibly well, and sales almost doubled to $105 billion in 2007 before dropping to $70 billion last year when structured products, collateralized debt loans, and credit default swaps played a huge role ...
