NYSE:WFC - New York Stock Exchange, Inc. - US9497461015 - Common Stock
Big banks stand to benefit from more lax regulation and resulting loan growth, according to Wells Fargo's Mike Mayo.
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer, who has decided to retire, Wells Fargo said. "Ed's industry expertise and deep experience will be invaluable to Wells Fargo as we continue to grow our credit card business and expand our payment capabilities across Merchant Services," said Kleber Santos, CEO of consumer lending at Wells Fargo.
Seagate Technology Holdings plc (NASDAQ:STX) will release its second-quarter financial results, after the closing bell, on Tuesday, Jan. 21, 2025. Analysts expect the Singapore-based company to report quarterly earnings at $1.88 per share, up sharply from 12 cents per share in the year-ago period. Seagate projects quarterly revenue of $2.32 billion, compared to $1.55 billion a year earlier, according to data from Benzinga Pro. On Jan. 16, Wells Fargo analyst Aaron Rakers maintained Seagate with
Wells Fargo (WFC – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Glenn Thum from Phillip...
Jim Cramer highlights strong bank earnings and upcoming corporate reports, advising investors to stay vigilant as market conditions and political changes unfold.
Only a few things can match the excitement of watching a stock you own outperform the market and make money. The tricky part is figuring out how long to hold on before a dreaded correction occurs. Fortunately for you, investment guru Jim Cramer just ...
TORONTO (Reuters) -Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks. The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.
CNBC's Jim Cramer on Friday reviewed earnings reports from top banks that reported this week.
California residents over the past week have been up against unprecedented wildfires. The fires have led to devastating losses, with reports suggesting that
Wall Street trader shares his thoughts about the financial services company.
Many stocks flashed buy signals as the major indexes rose to or above key levels.
Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling uninvested cash into sweep accounts that benefited the banks but not their clients, the US Securities and Exchange Commission alleged Friday.
(Bloomberg) -- Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling uninvested cash into sweep accounts that benefited the banks but not their clients, the US Securities and Exchange Commission alleged Friday.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Scaramucci, Ackman Donate to W
The firms failed to adopt and implement policies and procedures to consider the best interests of their clients, SEC said in a statement. The firms did not admit or deny the SEC's findings, according to the statement.
Wells Fargo analysts said they struggle to view Texas Instruments stock taking off after the fourth-quarter results due to a slowdown in demand.
Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened. A resilient economy, declining interest rates and expectations of relaxed regulations under the Trump administration have boosted corporate enthusiasm for mergers and acquisitions. Equity and debt issuance also surged in the latter half of 2024.
Bank stocks are on fire after Q4 results come in better-than-expected and compounded by strong guidance. These stocks will set new highs this year.
Wall Street pauses Thursday, with stocks little moved in early trade. Strong bank earnings keep rolling in and Senate questions Trump's Treasury pick.
US homebuilders grew less upbeat this month about sales prospects as surging mortgage rates risk spooking buyers.
JPMorgan leads the charge with highest profits in the history of American banking.
Check out these three defensive stocks that Wall Street analysts are upgrading their ratings on in the first few weeks of 2025.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
Top movers analysis in the middle of the day of S&P500 on 2025-01-15: top gainers and losers in today's session.
These S&P500 stocks are gapping in today's session
Wondering what's happening in today's pre-market session? Stay tuned for the latest updates on S&P500 stock movements.
WELLS FARGO & CO is showing promising signs of setting up for a breakout.