Over the last five trading days, performance of banking stocks was overtly positive. The bullish trend was largely driven by progress in tax reform bill, favorable economic data and positive comments by Jerome H. Powell — President Trump's …
Over the last five trading days, the performance of banking stocks has been bearish. Expected delays in corporate tax reform and a flattening of the yield curve drove investor pessimism over bank stocks. Earlier this week, Democrats won …
The reason for that is a scandal, centered in phony accounts created by employees for internal incentives, that first came to light a year ago and has only mushroomed bigger. The scandal cost CEO John Stumpf his job and, eventually, his …
Wells Fargo Securities provides corporate clients with Wall Street-style services such as merger advice, stock and bond offerings, and securities trading. The unit has about 5,000 employees worldwide, with the largest portion based in …
Two weeks, 143 million hacked accounts, and more than $4 billion in lost market value later, Equifax CEO Richard Smith is stepping down. “At this critical juncture, I believe it is in the best interests of the company to have new leadership to …
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The summer earnings season kicks off in full swing this Friday when a slew of big banks report their quarterly numbers. Wells Fargo & Co (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc (NYSE:C) and PNC Financial …
This large cap bank is another stock for investors to look at now for safety, dividends and solid upside potential. Wells Fargo & Co. (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.8 trillion in …
May 5 (Reuters) - Wells Fargo & Co :Wells Fargo & Co says Director Ronald Sargent reports open market purchase of 9,050 shares of co's common stock at $55.15 per share on may 5 - sec filing.
As banking stocks have gone over the last year, Bank of America Corp. (NYSE:BAC) is up 44% while Wells Fargo & Co (NYSE:WFC) has gone nowhere. WFC stock, in fact, lost 1.7%. Source: Shutterstock The reason for that is a scandal, …