Wells Fargo's CEO Charlie Scharf said an 11% increase in per-share earnings in the fourth quarter was driven by decisions made to exit or scale back certain businesses and reduce its reliance on net ...
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
The stock market may be moving toward an "opportunity zone," and strategists see a healthy correction coming that could set ...
Wells Fargo WFC ended the year with good numbers, resulting in fourth-quarter earnings of $1.43 per share, equating to an ...
In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...
US stocks surged on Wednesday, fueled by a slowdown in core inflation and better-than-expected earnings from major banks.
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...
Wells Fargo and other large wealth managers have been under scrutiny from plaintiffs' lawyers and regulators for the returns they pay on uninvested cash. It hardly mattered for Wells' bottom line last ...
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
Wells Fargo's profits exceeded expectations due to a rebound in dealmaking. The bank forecasts growth in interest income by 2025, driven by lower deposit costs and recovering loan demand. CEO Charlie ...