Great news for Club stocks Wells Fargo and Morgan Stanley : The rebound in investment banking isn’t over yet. The catalyst? Dealmaking is expected to continue to rise…
Read more What a resurgence in Wall Street dealmaking means for Morgan Stanley and Wells FargoBig Wall Street banks and interest rates have a complicated relationship. As the Federal Reserve on Wednesday afternoon embarks on easing monetary policy, banks are hoping for a…
Read more Here’s what Morgan Stanley, Wells Fargo stand to gain from lower interest ratesWhen Charlie Scharf took the reins at Wells Fargo five years ago, the bank was in turmoil. A series of scandals landed it in the regulatory doghouse —…
Read more Buying into Charlie Scharf’s 5-year turnaround plan for Wells Fargo just got a bit cheaperEvery weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall…
Read more Wells Fargo CEO talks up reasons to love the stock — plus, what’s behind the market dropWells Fargo is breaking out of its lending roots. The bank has quietly gone on a hiring spree to grab a bigger slice of the profitable investment banking…
Read more Wells Fargo goes on quiet hiring spree to expand from lending. What it means for the stockWells Fargo CEO Charlie Scharf won’t get a raise this year, according to a recent securities filing from the bank. Scharf asked the bank’s board of directors to…
Read more Wells Fargo CEO won’t see a raise this year, as his compensation stays at $24.5 million
