Wells Fargo

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance across North America and internationally.

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Wells Fargo names new Chief Risk Officer

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Wells Fargo has announced that it has named Amanda “Mandy” Norton as chief risk officer. Norton, a 29-year financial services veteran, most recently served as chief risk officer of consumer and community banking at JPMorgan Chase.

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Wells Fargo announces new co-heads of Investment Banking Coverage

Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Co has announced that John Hudson and Kristin Lesher have been named the new co-heads of Investment Banking Coverage, effective immediately. Both will report to Walter Dolhare and Rob Engel, co-heads of Wells Fargo Securities.

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Reuters - Wells Fargo faces $1bn fine

Two U.S. regulators have proposed Wells Fargo pay $1bn in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

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