Wells Fargo
US banking group pays $3bn to settle fake accounts case
This includes a $500m ‘fair fund’ for the benefit of investors ‘harmed’ by its conduct
US in the news: Wells Fargo makes wealth CEO change
A round-up of the latest people moves and M&A deals in North America
Wells Fargo to pay $79m in settlement to advisers
After class action alleged he had been cheated out deferred compensation
Written by Bruce Kelly
PEOPLE MOVES: Generali Insurance AM, Rathbones IM, Pimfa
Changes at the top for the Italian insurer, Rathbones names Jersey investment director
Tech will not replace advisers, say 84% of US investors
Survey finds only 24% currently use automated investing technology for their own investing