Tag: bank
Principal Financial Group to Buy Wells Fargo Retirement Unit for $1.2...
Wells Fargo & Company (NYSE: WFC) has agreed to sell its retirement plan services unit to Principal Financial Group (Nasdaq: PFG) for $1.2 billion...
Wells Fargo’s Tim Sloan Abruptly Steps Down as President and CEO
Wells Fargo & Company’s (NYSE: WFC) chief executive officer and president Timothy Sloan has stepped down as CEO, president, and director, effective immediately.
The bank...
Wells Fargo Reaches $575 Million Agreement with States over Sales Misconduct
Wells Fargo & Co. (NYSE: WFC) has agreed to pay $575 million to settle widespread claims over the bank’s improper sales practices. The firm...