Brokerage firms may seek to sweep cash into affiliated banks, often paying low interest rates. According to some reports, brokers could make 10 times more than their customers do on their cash.

the Wells Fargo Reflect ® Card has an excellent introductory offer for consumers: 21 months of no-interest financing from account opening on your purchases or qualifying balance transfers ...

Two of the oldest and most well-known banks in the United States, JPMorgan Chase & Co. (JPM) and Wells Fargo & Company (WFC), offer private banking services to account holders who maintain balances ...

With more than 50 million redeemed miles under her belt, Becky Pokora is a rewards travel expert. She's been writing about credit cards and reward travel since 2011 with articles on Forbes Advisor ...

Welcome, and thank you for joining the Wells Fargo Fourth Quarter 2024 Earnings Conference Call. All lines have been placed ...

We maintained a strong balance sheet ... that it had fined three former Wells Fargo executives a total of $18.5 million in connection with the fake-accounts scandal. Scharf said during the ...

Wells Fargo and Merrill Lynch agreed ... pricing on sweep deposits in advisory brokerage accounts, partially offset by higher deposit balances." Bank of America meanwhile announced in its own ...

We maintained a strong balance sheet ... by both existing customers and customers new to Wells Fargo with over 2.4 million new credit card accounts opened in 2024. We've done this while ...

The charges against Wells Fargo ... balances in the client’s eligible cash (including proceeds of securities transactions, cash deposits and other money) into “interest-bearing deposit ...

Scharf noted that this was the sixth consent order regulators had terminated since he joined Wells Fargo in 2019. "Our ...

the Wells Fargo Active Cash® Card’s 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers, then a 19.24%, 24.24%, or 29.24% variable APR applies.

Best Balance Transfer Credit Cards Best for both balance transfers and new purchases: Wells Fargo Reflect® Card Best for flexible rewards: Chase Freedom Unlimited® Best for long 0% intro APR ...