By David Randall NEW YORK(Reuters) -As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of...
By Daniel Wiessner (Reuters) - Former Wells Fargo (NYSE:WFC) & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned...
Tim Sloan took over weeks after the bank was consumed by a fake-accounts scandal, but faced criticism over the slow pace of reform.
An analyst from Goldman Sachs maintained Wells Fargo &Co (NYSE: WFC) at 'buy' with a price target of $50.00 from a prior price target of $45.00. Prior to this rating, Wells...
Some bank stocks saw their best monthly performance since October 2022, as talk of potential rate cuts lured cash off the sidelines.
"Wells Fargo systematically understaffs its branch locations," the lawsuit says.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -The U.S. dollar rose slightly on Wednesday after falling to its lowest in more than three months on hopes that the Federal Reserve...
Wells Fargo is offering different strategies for a "trader's market" in 2024, advising against "a buy-and-hold situation."
Wells Fargo Securities' Chris Harvey sees a volatile path to his S&P 500 to 4,625 year-end target.
ALBUQUERQUE/BETHEL - Wells Fargo (NYSE:WFC) branches in Albuquerque, New Mexico, and Bethel, Alaska, are moving forward with historic union elections as part of the Wells Fargo Workers...
Options trading activity for Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), and Tyson Foods Inc (NYSE:NYSE:TSN) has seen a notable increase, with volumes soaring past average...
Revolut, the UK-based financial technology company, is set to reshape the European fixed-income market by early 2024. The firm announced plans to allow clients to invest in government and...
Workers at Wells Fargo (NYSE:WFC) branches in Albuquerque and Bethel are pushing forward with efforts to unionize, seeking to hold elections under the supervision of the National Labor...
NEW YORK - In a day marked by mixed fortunes for the financial sector, Morgan Stanley (NYSE: MS) saw a slight decrease in its stock price, ending a two-day upward streak. The minor retreat...
NEW YORK - Shares of Citizens Financial Group (NYSE:CFG) declined 0.88% to $27.08 on Thursday, bringing an end to a two-day winning streak against a backdrop of mixed market movements. The...
NEW YORK - Bank of America Corp. (NYSE:BAC) saw its shares climb 1.37% to close at $29.62 on Wednesday, continuing an upward trend for the fourth consecutive day amid a broadly positive...
NEW YORK - Bank of America Corp. (NYSE:BAC) continued its upward trajectory today, marking the fourth consecutive day of gains, closing at $29.62, a 1.37% increase. The bank's shares rose in...
NEW YORK - Wells Fargo & Co. (NYSE:WFC) shares continued their ascent today, marking a second consecutive day of gains in a broader market upswing that also elevated the S&P 500...
NEW YORK - Wells Fargo & Co (NYSE:WFC) has begun layoffs within its corporate and investment banking division, affecting 40-50 employees from managing directors to junior staff. This move...
NEW YORK - Citigroup Inc (NYSE:C). experienced a notable uptick in its share price for the second consecutive day, despite a mixed performance in the broader market on Monday. The...
In a recent security measure against fraud and terrorism, JPMorgan Chase (NYSE:JPM) & Co and Citigroup Inc (NYSE:C) have abruptly closed the accounts of approximately 200 customers....
Corporate America is grappling with persistent inflationary pressures and rising labor costs, a trend that echoes the challenges faced in early 2021. A recent Bloomberg Intelligence study,...
In a move that may reflect market caution, Hamilton Insurance Group has priced its initial public offering (IPO) at $15 per share, which is below the anticipated range of $16 to $18. The...
In a recent financial maneuver, Freddie Mac announced the tendering of approximately $2.1 billion in Structured Agency Credit Risk (STACR) Notes. This action is part of the company's...
The Berkshire Hathaway CEO told Fortune in 2009 that Wells Fargo was more valuable than it seemed and compared its chair to Walmart founder Sam Walton.
By David Randall NEW YORK (Reuters) - Falling Treasury yields helped launch an explosive rebound in stocks and lifted U.S. government bonds from 16-year lows. Now some investors worry that...
By Samuel Indyk LONDON (Reuters) - The dollar's rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders...
Performant Financial, a provider of healthcare payments integrity and tech-enabled services, recently secured a $25 million credit facility from Wells Fargo (NYSE:WFC). The transaction was...
The stock market showed a positive performance today, with the S&P 500 and Dow Jones Industrial Average witnessing an increase of 0.18% and 0.10% respectively. Despite this upward trend,...
The lawsuit filed by Janine Williamson against Wells Fargo (NYSE:WFC) and Navy Federal Credit Union over the loss of her late uncle's $3.6 million savings to a phishing scam has been moved...
On Friday, major US banks including Bank of America (NYSE:BAC), Chase, US Bank, Truist, and Wells Fargo (NYSE:WFC) experienced disruptions in deposit processing due to problems with the...
Bank of America (NYSE:BAC) (BofA) shares witnessed a fifth consecutive day of gains on Friday, climbing 3.6% following the release of robust October jobs data, which hinted at a potential...
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell across the board on Thursday, as investors' appetite for riskier currencies grew as they bet the...
San Francisco-based Wells Fargo (NYSE:WFC) is undergoing an investigation by the Securities and Exchange Commission (SEC) into its cash sweep options, according to recent regulatory...
In a recent development, Wells Fargo (NYSE:WFC) & Company has announced the appointment of Uday Odedra as the head of its operations in India and the Philippines. Odedra, who brings a...
In a bid to bolster its investment banking sector, Wells Fargo (NYSE:WFC) & Co. has announced a series of strategic appointments under the leadership of CEO Charlie Scharf. These...
Wells Fargo (WFC) today announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in...
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