Similar Stories to Wells Fargo Fined By Sec For Brokers 'flipping' Investments Before They Matured on Bing News

Wells Fargo & Co. will pay $5.1 million to settle a U.S. regulator’s claims that employees abused clients by persuading them to sell certain investments before maturity, generating large fees for the lender. Brokers with Wells Fargo Advisors, from January 2009 to June 2013, encouraged retail customers...

Topics:  co   u.s    wells fargo advisors   january   june   wells fargo   brokers   investments   
BING NEWS:
  • The best Wells Fargo credit cards for earning cash back, travel rewards and paying off debt
    Wells Fargo offers credit cards that can benefit cardholders who want to earn rewards, finance purchases or consolidate debt and benefit from unique perks, such as cell phone protection.
    05/20/2024 - 9:56 am | View Link
  • Wells Fargo CD Rates: May 2024
    Wells Fargo offers three standard certificate of ... CDs are generally considered safe investments. These time deposits are insured by the FDIC (Federal Deposit Insurance Corporation) at banks.
    05/15/2024 - 6:39 am | View Link
  • Best Wells Fargo Credit Cards Of May 2024
    Commissions do not affect our editors' opinions or evaluations. Wells Fargo’s massive array of banking products—including consumer credit cards—often presents solid offers for many people.
    04/24/2024 - 1:48 am | View Link
  • Wells Fargo Weighs Debut Risk Transfer as Banks Shore Up Capital
    Wells Fargo & Co. is looking at essentially buying insurance on some of the loans in its portfolio using a transaction known as a synthetic risk transfer, potentially becoming the latest big bank ...
    04/22/2024 - 1:00 am | View Link
  • Wells Fargo, former mortgage consultant settle lawsuit
    Wells Fargo and one of its former mortgage consultants have settled the man's lawsuit alleging that he was fired for complaining about the institution's discriminatory lending practices.
    12/7/2023 - 5:37 am | View Link
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