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Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients - TL;DR CNBC

Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients

Publishing timestamp: 2023-02-22 10:03:53


Summary

Wells Fargo is launching a new platform called LifeSync to boost digital engagement with its 2.6 million wealth management clients. The platform will enable clients to create and track progress on financial goals, ingest content tied to their plans, and contact their advisors. Wells Fargo hopes the platform will help them increase satisfaction and loyalty. They may eventually offer the platform to their broader banking population.


Sentiment: POSITIVE

Tickers: WFCBACMS

Keywords: investment strategybusiness newswells fargo & cobreaking news: marketsmorgan stanleytechnologybanksfintechbank of america corpbreakingnewsglobalbreaking news: investing

Source: https://www.cnbc.com/2023/02/22/wells-fargo-boosts-digital-connection-with-rich-clients.html


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