On the latest Planet Money podcast (MP3), a former San Francisco Wells Fargo banker describes the bullying and coercion she faced from senior management while working at the bank's head office, and how the bank forced her out when she blew the whistle on fraud and then blacklisted her with other banks, forcing her out of the sector altogether.
Citadel's former investment banking co-head Brian Maier and about 2 dozen others went to Wells Fargo after Ken Griffin's shutdown forced them out. And the fixed income guys might be going to SocGen. Wells Fargo CEO John Stumpf is sa...
Bank of America Merrill Lynch said Friday that it has hired Benjamin Perkins, the head of Pacific Growth Equities' life sciences investment banking team, as a managing director in its San Francisco office.
A former Wells Fargo & Co. customer accused the San Francisco banking firm in a lawsuit of fostering a high-pressure sales culture that ended up deceiving and defrauding him and customers nationwide.
Beth Jacobson was a Wells Fargo loan officer who blew the whistle on the bank's predatory, racist loan-fraud in the runup to the 2008 financial crisis, which tanked the world's economy and nearly wiped out Wells Fargo (they were res...