She will become chair of Wells Fargo & Co.’s board at the start of next year.
JPMorgan Chase is among four banks being sued for failing to tell investors of a probe into the billing practices of Millennium Health.
Wells Fargo Insurance Services alleges Alliant has been trying to hire top sales executives in 10 U.S. cities.
The breach entailed sensitive date regarding 50,000 Wells Fargo brokerage accounts.
The senator is asking for the removal of the 12 Wells Fargo directors on the board when bank employees set up fake customer accounts.
Wells Fargo will pay bigger sign-on bonuses to some new brokers as competitors seek to reduce recruitment inducements.
Global wealth and investment-management earnings were up too as client balances at Merrill Lynch and U.S. Trust rose to $2.59 billion.
They also canceled about $47 million of ex-community bank head Carrie Tolstedt’s stock options.
Its new wealth management chief is reorganizing his Merrill Lynch herd.
January account statements being mailed this week will have big changes.
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