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U.S. CFTC orders Wells Fargo Bank to pay $14 million over alleged violations

The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer business conduct standards violations, the agency said in a statement on Friday......»»

Category: topSource: reutersNov 8th, 2019

Former Wells Fargo trader alleges pay incentives could have led to foreign-exchange overcharges

Wells Fargo & Co.’s former top currency trade.....»»

Category: topSource: latimesApr 16th, 2018

Wells Fargo fined by SEC over investment sales misconduct

(Reuters) - Wells Fargo & Co will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees......»»

Category: topSource: reutersJun 25th, 2018

Curt Schilling fraud case to cost Wells Fargo more than $800K

Wells Fargo Securities has agreed to pay more than $800,000 to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island’s failed $75 million deal with former Arizona Diamondbacks pitcher Curt Schilling’s video game company. The.....»»

Category: topSource: bizjournalsMar 22nd, 2019

Wells Fargo agrees to $800,000 penalty in 38 Studios case

Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island's failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company......»»

Category: topSource: foxnewsMar 19th, 2019

Goldman Sachs to pay $110M to state and the Fed for FX trades

Goldman Sachs Group Inc. has agreed to pay about $110 million to resolve allegations that its foreign-exchange traders improperly shared information about client orders on an electronic chat room,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 1st, 2018

SEC fines Wells Fargo Advisors over investment sales

(Reuters) - The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: reutersJun 25th, 2018

Wells Fargo fined $4 million by SEC over charges of improper sales

Wells Fargo was fined $4 million by the Securities and Exchange Commission over charges its advisory unit generated large fees by improperly encouraging retail cu.....»»

Category: topSource: marketwatchJun 25th, 2018

SEC fines Wells Fargo Advisors over investment sales

The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: moneycentralJun 25th, 2018

Wells Fargo investment arm reaches $5M settlement with SEC

Wells Fargo Advisors, the brokerage subsidiary of Wells Fargo & Co., has agreed to pay $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments (MLIs) to retail investors, the U.S. Securities and Exchange Comm.....»»

Category: topSource: bizjournalsJun 26th, 2018

New Mexico sues Wells Fargo

State Attorney General Hector Balderas sued the biggest bank doing business in New Mexico Wednesday, alleging illegal business practices by Wells Fargo that harmed thousands of New Mexico citizens and violated the New Mexico Unfair Trade Practices Act......»»

Category: topSource: bizjournalsAug 17th, 2018

Wells Fargo settles SEC lawsuit over Curt Schilling"s 38 Studios

Wells Fargo & Co agreed to settle a U.S. Securities and Exchange Commission fraud lawsuit related to a $75 million bond offering for 38 Studios Inc, a now-bankrupt video game company founded by former All-Star major league baseball pitcher Curt Schilling......»»

Category: topSource: moneycentralJan 14th, 2019

The Tell: How China is ‘reshuffling the cards’ by promoting the yuan as a global currency

The emergence of the yuan in trade-weighted currency baskets is shaking up the traditional drivers of the foreign exchange market, says Société Générale......»»

Category: topSource: marketwatchNov 16th, 2019

The safest, smartest way to buy things abroad is the same as in the US: a credit card

Alastair Grant/AP Credit cards with no foreign transaction fees, like the Chase Sapphire Reserve and the Wells Fargo Propel American Express® card&n.....»»

Category: topSource: businessinsiderNov 16th, 2019

Warren Buffett’s Berkshire Hathaway takes stake in Bay Area retailer, trims Apple, Wells Fargo

Berkshire Hathaway disclosed Thursday that it bought a 1.2-million-share stake in luxury furniture retailer RH, formerly known as  Restoration Hardware, during the third quarter, sending the Corte Madera retailer’s shares up 7% in after-hours trad.....»»

Category: topSource: bizjournalsNov 15th, 2019

Wells Fargo ordered to pay over $14M by CFTC for violating conduct standards

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 8th, 2019

$800M Stifel team jumps to Wells Fargo Advisors

A Stifel, Nicolaus & Co. financial advisory team with $800 million in client assets has jumped to Wells Fargo Advisors......»»

Category: topSource: bizjournalsOct 28th, 2019

Cleanroom constructor UIS lands NT$3 billion worth of orders from TSMC

United Information Systems (UIS) landed recently NT$3.02 billion (US$98.7 million) worth of orders from TSMC, according to a company filing with the Taiwan Stock Exchange (TWSE)......»»

Category: topSource: digitimesOct 24th, 2019

E-Trade downgraded to Market Perform from Outperform at Wells Fargo

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 3rd, 2019

London forex trader sues Citigroup over "malicious" forex prosecution

A London-based former Citigroup trader is suing the U.S. bank for more than $112 million, alleging it made materially false and malicious statements to U.S. prosecutors that led to his trial in New York on foreign exchange-rigging charges......»»

Category: topSource: reutersOct 2nd, 2019