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9-9-9 Tax Proposal Origin

Wells Fargo’s Financial Advisor’s Managing Director of Wealth Management, Rich Lowrie of Pepper Pike, Ohio, helped craft GOP Presidential candidate, Herman Cain’s tax proposal. Lowrie, who heard Cain speak while attending an organizational gathering of the Club for...

How Ambitious Is Wells Fargo?

If the talk on the street is true that Morgan Stanley is the next takeover candidate, then will California-based Wells Fargo be a likely buyer? They acquired Wachovia, a small investment banking operation and have fared decently in the middle market and are the fourth...

New York City BofA Cuts 324 Jobs

With their market value down more than 53% since the start of 2011, Bank of America continues to focus on cutting expenses under CEO Moynihan’s plan, “Project New BAC,” which aims to cut $5 billion in annual costs by the end of 2013. So, the Oct. 13 announcement that...