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All posts tagged "Wells Fargo & Co"

Banking2 years ago

Wells Fargo’s solid 4Q and planned share buybacks support our thesis for the stock, as shares climb

[ad_1] Wells Fargo (WFC) reported mixed fourth-quarter results on Friday. But the bank demonstrated a stellar bottom line, while committing to much-welcomed share buybacks in the current...
US News2 years ago

Bank earnings fail to impress investors as recession worries rise | CNN Business

[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors...
Banking2 years ago

We need to take the bank numbers with a grain of salt, says Interactive Brokers’ Steve Sosnick

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street Steve Sosnick, Interactive Brokers chief strategist, joins ‘Squawk...
Banking2 years ago

Breaking down JPMorgan Chase and Wells Fargo earnings

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ken Leon of CFRA and David Long of Raymond James discuss their...
Banking2 years ago

Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses

[ad_1] Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty...
Business2 years ago

JPMorgan Chase is set to report fourth-quarter earnings — here’s what the Street expects

[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks,...
Banking2 years ago

Watch CNBC’s full discussion on bank earnings with Wells Fargo’s Mike Mayo

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Wells Fargo’s Mike Mayo joins ‘Closing Bell: Overtime’ to discuss upcoming bank...
Banking2 years ago

We’re excited about big banks with strong consumer deposits, says RBC’s Gerard Cassidy

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Hugh Son and Gerard Cassidy of RBC join ‘The Exchange’ to...
Banking2 years ago

Potential recession doesn’t shake our conviction in Morgan Stanley and Wells Fargo

[ad_1] Fears of an impending recession have been a drag on bank stocks for months. But we’ve stayed invested in our two financials — Wells Fargo...
Real Estate2 years ago

Wells Fargo stepping back from housing shows the impact of rising interest rates, says NewEdge’s Sechan

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rob Sechan, NewEdge Wealth co-founder and CEO, joins ‘Closing Bell: Overtime’ to...
Banking2 years ago

Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

[ad_1] Wells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of...
Banking2 years ago

These 6 Club stocks look reasonably priced as Wall Street shuns high flyers

[ad_1] We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out...
Banking2 years ago

Wells Fargo says this top bank pick can jump 55% this year

[ad_1] Wells Fargo analyst Mike Mayo named Bank of America his top pick for 2023 on expectations for “near best-in-class” growth in net interest income, profit...
Banking2 years ago

Some Wells Fargo customers have already received their share of the $2 billion misconduct settlement. Here’s what you need to know

[ad_1] wdstock | iStock Editorial | Getty Images People owed a piece of the $2 billion that Wells Fargo has agreed to pay to customers affected...
Banking2 years ago

Wells Fargo ordered to pay $3.7 billion for past scandals. Here’s why we see it as a positive

[ad_1] The U.S. government’s consumer watchdog agency announced Tuesday that it ordered Wells Fargo (WFC) to pay $3.7 billion in connection with the bank’s previous wrongdoing,...
Banking2 years ago

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Hugh Son joins ‘Closing Bell: Overtime’ to report on Wells Fargo...
Banking2 years ago

Wells Fargo shares move lower after $3.5B CFPB settlement

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Goldberg, Barclays senior equity analyst, joins ‘Closing Bell’ to discuss Wells...
Banking2 years ago

Watch CNBC’s full interview with Jason Goldberg, Barclays senior equity analyst

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Goldberg, Barclays senior equity analyst, joins ‘Closing Bell’ to discuss Wells...
Breaking News2 years ago

Wells Fargo to pay $3.7B over consumer loan violations

[ad_1] WASHINGTON — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging...
Banking2 years ago

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses

[ad_1] Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March...

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