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The Prince of Wales holds a Roundtable meeting with Commonwealth leaders
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World shares hit highs as markets focus on earnings
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World shares hit highs as markets focus on earnings
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Operator
Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Wells Fargo first-quarter 2021 earnings conference call. [Operator instructions] Please note that today s call is being recorded.
I would now like to turn the call over to John Campbell, director of investor relations. Sir, you may begin the conference.
John Campbell
Director of Investor Relations
Thank you, Regina. Good morning, everyone. Thank you for joining our call today where our CEO, Charlie Scharf; and our CFO, Mike Santomassimo, will discuss first-quarter results and answer your questions. This call is being recorded.
Dollar Tree changes to Empower for record keeper
Dollar Tree changes to Empower for record keeper
Dollar Tree Inc., Chesapeake, Va., hired Empower Retirement as record keeper of its 401(k) plan.
The retailer hired Empower to replace Wells Fargo as record keeper effective March 1, confirmed company spokeswoman Kayleigh M. Painter.
Wells Fargo sold its record keeping business to Principal Financial Group in 2019. Ms. Painter would not provide further information.
According to a FAQ also posted on the plan s website, there have been no changes in the investment options lineup except for the addition of the Fidelity 500 Index Fund, a passive domestic large-cap equity fund managed by Fidelity Investments, and the removal of the WF/BlackRock S&P 500 Index CIT Fund, a collective investment trust fund managed by Wells Fargo Asset Management and subadvised by BlackRock.