This content is from: Corner Office Wells Fargo Names Nico Marais Head of Its Asset Management Unit Marais will oversee Wells Fargo's $476 billion asset management unit, replacing Kristi Mitchem months after she left. By Christine Idzelis June 06, 2019
This content is from: Corner Office Wells Fargo Offloads Institutional Retirement And Trust Business The firm has sold the business to Principal Financial Group for $1.2 billion. By Alicia McElhaney April 09, 2019
This content is from: Corner Office Wells Fargo Asset Management Chief Kristi Mitchem Moves to BMO Mitchem has left the troubled bank’s asset management division to become CEO at BMO Global Asset Management. By Amy Whyte January 23, 2019
This content is from: Corner Office Chattanooga Pension Accuses Wells Fargo of 'Potential Fraud' in Fee Dispute The Chattanooga Fire and Police Pension Fund has filed a whistleblower complaint with the Securities and Exchange Commission after its trustee Wells Fargo improperly kept fee rebates from fund managers. By Amy Whyte May 10, 2018
This content is from: Corner Office Wells Fargo to Pay $2 Billion Penalty for Allegedly Misrepresenting Loan Quality in RMBS The bank has settled the U.S. Department of Justice’s claims that it contributed to the 2008 financial crisis by originating loans that it knew did not meet the quality it represented. By Christine Idzelis August 01, 2018
This content is from: Corner Office BDC Guru Jonathan Bock Departs Wells Fargo Bock is leaving analyst life for the C-suite at Baring’s new business development company. By Leanna Orr July 16, 2018
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