Tag: Wells Fargo & Co (NYSE:WFC)

SFC fines
October 17, 2017 BY LeapRate Staff

Wells Fargo to pay $3.4 million for recommending volatility-linked ETPs

The U.S. Financial Industry Regulatory Authority (FINRA) has announced that it has ordered units of Wells Fargo & Co (NYSE:WFC) - Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC - to pay more than $3.4 million in restitution to affected customers for unsuitable recommendations of volatility-linked exchange-traded products (ETPs) and related…

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UFX weekly fx market review
July 23, 2017 BY LeapRate Staff

UFX.com Weekly Market Review – Sunday, July 23, 2017

The following article was written by Tony Chrystopher, Financial Analyst at UFX.com’s Trading Support Center. Your Weekly Trading Review by UFX.com – Sunday, July 23, 2017 Here are some of the major financial events of the past week and how they affected the global currency and commodity markets. EUR/USD rose by 0.28%, closing the week at $1.1663.…

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July 12, 2016 BY Valentina Kirilova

Wells Fargo joins CLS as new settlement member

FX settlement system CLS Group (CLS) has announced that Wells Fargo & Co (NYSE:WFC) has joined as a settlement member. Wells Fargo joins 64 other settlement member banks in becoming a direct participant in CLS’s settlement and risk mitigation system – which settles approximately $5 trillion a day on behalf of its clients. Wells Fargo will benefit…

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