Here's Why Bank of America, PNC, and Wells Fargo Stock Surged Last Month
The Federal Reserve suggested that interest rates might be slashed in 2024. This should stimulate demand for loans, relieve pressure on borrowers, and encourage investment banking activity.
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider
Wells Fargo (WFC) concluded the recent trading session at $49.92, signifying a +1.3% move from its prior day's close.
Bank stocks have more room to run, says former Wells Fargo CEO Richard Kovacevich
Richard Kovacevich, former Wells Fargo CEO, joins 'The Exchange' to discuss the earnings outlook for banks, the impact of interest rates on bank stocks, and more.
Wells Fargo (WFC) Declines More Than Market: Some Information for Investors
Wells Fargo (WFC) reachead $49.22 at the closing of the latest trading day, reflecting a -0.53% change compared to its last close.
Wells Fargo employees in New Mexico vote to join union in historic first at a big bank
The landmark vote makes the San Francisco-based lender the first big US bank with a union, marking a rare win for such efforts in an industry that has largely been immune to them.
Wells Fargo Workers in Albuquerque Vote to Form Union, a First For a Megabank
Workers voted 5-3 in favor of unionizing, and three other branches have said they intend to hold votes. An Alaska branch is expected to vote Thursday.
Wells Fargo (WFC) Laps the Stock Market: Here's Why
Wells Fargo (WFC) reachead $50.09 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.
Wells Fargo's Darrell Cronk: Q1 will be very important for earnings next year
Emily Roland, John Hancock co-chief investment strategist, and Darrell Cronk, Wells Fargo CIO, join 'Closing Bell: Overtime' to discuss earnings and market expectations for 2024.
Wells Fargo (WFC) Stock Declines While Market Improves: Some Information for Investors
Wells Fargo (WFC) closed at $46 in the latest trading session, marking a -0.22% move from the prior day.
Wells Fargo flagged by consumer protection agency for inequitable use of price discrimination
Wells Fargo & Company (NYSE:WFC) found itself in hot water with the Consumer Financial Protection Bureau last year during an investigation into potentially improper use of loan discounts, according...
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators' wrath over missteps involving home loans.
Wells Fargo (WFC) Keeps $750M-$1B of Severance Cost in Q4 2023
Wells Fargo (WFC) puts aside $750 million to less than $1 billion for severance expenses in the fourth quarter of 2023.
Wells Fargo CEO on unionization campaign: It's best we have a direct relationship with employees
The CEOs of Wall Street's biggest banks testify in front of the Senate Banking Committee.
Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. The price tag for those layoffs could come to between $750 million and just shy of $1 billi...
Wells Fargo Warns of Severance Costs Up to $1 Billion
The sector has had to grapple with higher funding costs and tepid loan demand and deal-making activity.
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