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Episode 732: Bad Form, Wells Fargo - NPR

NPREpisode 732: Bad Form, Wells FargoNPRA couple of weeks ago, we did a show about the massive scandal at Wells Fargo bank. How good employees were pushed to do bad things. Like opening up bank accounts that customers never asked for. After the show aired.....»»

Category: topSource: googlenewsOct 28th, 2016

We just got the first look at how Wells Fargo"s fake-accounts scandal is hurting the business

Mike Blake/ReutersWells Fargo on Friday reported quarterly revenue and earnings that beat analysts' expectations, but details from its results seem to show the bank's recent fake-accounts scandal is starting to hit home. Growth in the overall number of re.....»»

Category: topSource: businessinsiderOct 14th, 2016

Bank Stock Roundup: Q4 Earnings Show Improvement; JPM, BAC, WFC, C Beat Estimates

Earnings reports from some mega banks in the last four trading days reflect a decent improvement. Nonetheless, t.....»»

Category: topSource: zacksJan 20th, 2017

Should You Buy Bank ETFs on the Dip?

Though banking ETFs retreated despite stronger-than-expected Q4 earnings, investors can use the dip as a buying opportunity. The financial sector, which accounts f.....»»

Category: topSource: zacksJan 20th, 2017

Budget 2017: Aadhaar number to be a must for filing I-T returns

All bank accounts to be seeded with Aadhaar by Mar 31; Aadhaar to be made mandatory for PDS as well.....»»

Category: topSource: business-standardJan 19th, 2017

Aadhaar may be must for filing tax returns

All bank accounts to be seeded with Aadhaar by Mar 31; Aadhaar to be made mandatory for PDS as well.....»»

Category: topSource: business-standardJan 19th, 2017

Aadhaar number to be a must for filing I-T returns

All bank accounts to be seeded with Aadhaar by Mar 31, Aadhaar to be made mandatory for PDS as well.....»»

Category: topSource: business-standardJan 19th, 2017

Zakir Naik may be summoned: NIA

NIA is scanning his 78 bank accounts, and real estate investments worth at least Rs 100 crore.....»»

Category: topSource: business-standardJan 19th, 2017

Income-tax returns to require Aadhaar number

All bank accounts to be seeded with Aadhaar by Mar 31, Aadhaar to be made mandatory for PDS as well.....»»

Category: topSource: business-standardJan 19th, 2017

NIA likely to grill Zakir Naik on his Rs 100-cr investments

Controversial Islamic preacher Zakir Naik is likely to be summoned by National Investigation Agency (NIA), which is scanning his 78 bank accounts, and real estate investments worth at least Rs 100 cr........»»

Category: topSource: thehindubusinesslineJan 19th, 2017

Bond-trading bump shows Wall Street banks doing more with less

Bond trading was the star of the show as finance chiefs and chief executive officers reviewed sharp gains in fourth-quarter profits over the past week. Bank exec.....»»

Category: topSource: yahooJan 19th, 2017

Notes ban: I-T dept unearths Rs 1,550 crore stash pumped by entry

The taxman put freeze orders on two bank accounts used for this purpose in Gaya, Bihar.....»»

Category: topSource: business-standardJan 16th, 2017

U.S. banks to stay in fashion as earnings kick off

NEW YORK (Reuters) - U.S. bank stocks will stay in favor with investors as long as earnings reports in the coming week show an improving profit outlook while investors wait to see if U.S. President-elect Donald Trump lives up to his campaign promises......»»

Category: topSource: reutersJan 14th, 2017

Wells Fargo sets out plans to close 400 branches

Move to cut costs as US bank looks to recover from sham accounts scandal.....»»

Category: topSource: ftJan 13th, 2017

Here’s How Much Wells Fargo’s Fake Accounts Scandal Is Hurting the Bank

It will close more than 400 branches, and that's not the end of it. .....»»

Category: europeSource: fortuneJan 13th, 2017

Bank earnings show an industry poised to benefit from Trump"s promises

America'.....»»

Category: topSource: usatodayJan 13th, 2017

BoA: Clients Are Bullish On Stocks But Not Euphoric: Passive Momentum Continues

Bank of America Merrill Lynch’s weekly Flow Show report, which is put together by the bank’s Chief Investment Strategist Michael Hartnett, has picked up an interesting t.....»»

Category: blogSource: valuewalkJan 13th, 2017

Wells Fargo profits continue to drag after accounts scandal

Wells Fargo & Co, the third-largest U.S. bank by assets, reported its fifth straight drop in quarterly profit on Friday as it works to recover from a bogus-accounts scandal......»»

Category: topSource: moneycentralJan 13th, 2017

Wells Fargo Profit Falls After Sales Practice Scandal

Wells Fargo said its profit fell 5 percent in the first full quarter after regulators said that bank employees opened millions of customer accounts fraudulently to meet sales goals.....»»

Category: topSource: abcnewsJan 13th, 2017

Wells Fargo Knew About Accounts Probe For Six Months and Didn’t Tell Investors, Reports Say

The publicly traded company didn't think the information was "material." New reports suggest Wells Fargo wfcnp knew it was under investigation for six months before the bank's account fraud scandal became p.....»»

Category: europeSource: fortuneJan 13th, 2017