by Patrick M. Kelly | Oct 27, 2011 | Economy
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...
by Patrick M. Kelly | Oct 25, 2011 | Wall Street
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...
by Patrick M. Kelly | Oct 20, 2011 | Job Market
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...
by Patrick M. Kelly | Oct 19, 2011 | Financial Recruiting Industry
BofA’s Northwest region has hired more than 80 new advisors to serve their “preferred” customers with investable assets of between $50,000 and $250,000. The FSAs will provide guidance and solutions to help customers manage their banking and investment needs....
by Patrick M. Kelly | Oct 14, 2011 | Wall Street
[pullquote]The Company is looking for a buyer who will maintain the same culture that we have had.[/pullquote] Regions Financial Corp announced their intent to sell off their Morgan Keegan brokerage unit last June, and ever since rumors and speculations over who will...