BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
USA Today27d
Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for their roles in the bank's long-running fake accounts scandal. The Office of the Comptroller ...
Reuters22d
Wells Fargo hires JPMorgan executive as head of cards and merchant services
Jan 21 (Reuters) - U.S. bank Wells Fargo (WFC.N), opens new tab named JPMorgan Chase (JPM.N), opens new tab executive Ed Olebe as its new head of cards and merchant services on Tuesday ...
Yahoo Finance28d
Wells Fargo Shares Rise as Bank’s Cost-Cutting Efforts Take Hold
Wells Fargo kicked off fourth-quarter big-bank earnings Wednesday alongside rivals JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc. Investors are eager for details on how the ...
Reuters28d
Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
Investment banking fees up 59% in fourth quarter Bank expects interest income to increase in 2025 Shares up 6% in mid-day trading Jan 15 (Reuters) - Wells Fargo's (WFC.N), opens new tab profit ...
Business Insider14d
Wells Fargo’s Positive Trajectory: Remediation Progress and Growth Potential
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report ... legacy issues that have impacted the bank’s operations and reputation.
Business Insider5d
Wells Fargo Remains a Buy on KeyCorp (KEY)
Mayo covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Bank of America, and Truist Financial. In addition to Wells Fargo, KeyCorp also received a Buy from Bank of ...
Wall Street Journal28d
Former Wells Fargo Executives Fined for Role in Fraudulent Bank Accounts
Three former Wells Fargo WFC1.96%increase; green up pointing triangle executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of ...
American Banker27d
Why investors seem giddy about once-troubled Wells Fargo
After a decade in regulatory limbo, Wells Fargo seems closer than ever to being released. CEO Charlie Scharf, who's run the bank since October 2019, indicated on Wednesday that he isn't ready to turn ...
Investopedia28d
Wells Fargo Stock Climbs as Earnings Top Estimates
Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates. The lender reported $5.08 ...
Business Wire28d
Wells Fargo Reports Fourth Quarter 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2024 financial results. The financial results are available online at https://www.wellsfargo.com ...