The bank's shares have fallen 3.1% since CEO Tim Sloan resigned, compared with a 6.5% gain for the KBW Bank Index.
Despite a stock market decline, revenue is up. And the streak isn't expected to end anytime soon.
Interest-rate environment, growth of buffered annuities and loss of the DOL fiduciary rule helped grow sales by $3.7 billion last year.
Chairman and CEO James Gorman expresses excitement about expanding into workplace plans with purchase of Solium.
The Thundering Herd is doing more business with new households.
Firm lost another 140 advisers in the first quarter, compared with 106 the previous quarter.
Referrals between newer and experienced advisers key to the hiring of 300 new advisers.
Transaction is part of Wells' effort to streamline its operations in the wake of scandals.
The bank's biggest shareholder says hiring an executive from a financial institution would trigger criticism from Washington, Financial Times reports.
Allen Parker, the bank's general counsel, will serve as interim CEO.
As big brokerages lose their competitive edge, regionals are offering a home to advisers who want to stay in the employee channel.
Tim Traudt replaces Jay Welker at the start of next month.
The two senators call on the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau to remove Sloan from the bank's top job
Judge puts off approving a settlement related to bank's fake accounts, and Fed chairman Powell says Fed not ready to lift growth ban.
Speculation is mounting that the bank is dumping some lines of business to focus on just a few areas, including financial advice.
He received $2.4 million in salary and $14 million of restricted stock linked to performance goals.
Republicans and Democrats grill Tim Sloan for more than four hours.
Sloan tells the House Financial Services Committee that Wells is working to address regulators' concerns.
House Financial Services committee will grill the CEO Tuesday about the progress he's made in resolving the bank's scandals.
Under the changes, retiring reps get a 25% bonus and younger advisers get help acquiring the business of those leaving the firm.
