Wells Fargo recently announced the promotion of long-time executive Erik Karanik to lead the expansion of its independent advisor business. Karanik now holds the position of head of independent solutions within Wells Fargo's Wealth and Investment Management unit, reporting directly to WIM CEO Barry Sommers. Strong Foundation with Promising Future Barry Sommers expressed his … [Read more...] about Wells Fargo’s Independent Advisor Business Expansion
Financial Services
Apple’s Credit Card Partnership with Goldman Sachs
Despite recent setbacks with its credit card, Apple's financial services ambitions remain intact. The Wall Street Journal reported that Apple is looking to end its credit card partnership with Goldman Sachs within the next 12 to 15 months. While many might see this as a sign of trouble, it's important to note that it is not indicative of a larger problem. The partnership … [Read more...] about Apple’s Credit Card Partnership with Goldman Sachs
