In its earnings announcement Wells Fargo said that earnings from those operations were up about 20 percent from a year earlier at $339 million. Overall, Wells Fargo posted net income of $3.57 billion, up from $2.5 billion a year ago on increased loan activity and a $1 billion reduction in loan loss reserves.

Winston-Salem is a major center for wealth management operations at Wells Fargo, which is still in the process of converting its Wachovia identity in the region. As part of that integration, Wells Fargo has said it intends to grow its Trust Center employee count in the city to around 380 employees.

In its earnings announcement Wells Fargo said it had added a net total of 48 new financial advisers nationwide to a new total of 15,236. The company said it would continue to try to grow that business by targeting clients from other parts of the bank.

In its earnings announcement Wells Fargo said that earnings from those operations were up about 20 percent from a year earlier at $339 million. Overall, Wells Fargo posted net income of $3.57 billion, up from $2.5 billion a year ago on increased loan activity and a $1 billion reduction in loan loss reserves.

Winston-Salem is a major center for wealth management operations at Wells Fargo, which is still in the process of converting its Wachovia identity in the region. As part of that integration, Wells Fargo has said it intends to grow its Trust Center employee count in the city to around 380 employees.

In its earnings announcement Wells Fargo said it had added a net total of 48 new financial advisers nationwide to a new total of 15,236. The company said it would continue to try to grow that business by targeting clients from other parts of the bank.

Similar Posts:

Share