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JPMorgan, Wells Fargo beat Wall Street

JPMorgan Chase topped Wall Street's fourth-quarter earnings expectations after charges related to new tax code, while Wells Fargo also beat, but fell short on revenue. Aleksandra Michalska reports......»»

Category: videoSource: reutersJan 12th, 2018

More trouble for Wells Fargo as bank earnings disappoint

Bank shares tumbled and led Wall Street lower Friday as investors found something to groan about in first-quarter results from JPMorgan Chase, Citigroup and Wells Fargo......»»

Category: videoSource: reutersApr 13th, 2018

Wall Street drops as JPMorgan, Citi, Wells Fargo erase pre-market gains

The S&P 500 banks index was down 1.98 percent.....»»

Category: topSource: business-standardApr 13th, 2018

Wall Street gains capped by big banks" tepid forecasts

(Reuters) - U.S. stocks edged higher in late morning trading on Friday as weak economic data dimmed chances of another rate hike this year, while tepid forecasts by JPMorgan and Wells Fargo limited gains......»»

Category: topSource: reutersJul 14th, 2017

"Biggest Fine Ever": Wells Fargo To Announce $1BN Settlement On "Risk Management"

In a story that sounds suspiciously similar to another report published by Reuters roughly two weeks ago, the Wall Street Journal said Thursday that Wells Fargo is nearing a $1 billion settlement on its risk manag.....»»

Category: blogSource: zerohedgeApr 19th, 2018

5 Stocks To Watch During This First Peak Week Of Q1 Earnings Season

Banks unofficially kicked off the first quarter 2018 earnings season on Friday with results from JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C). All beat due to a combinati.....»»

Category: earningsSource: benzingaApr 16th, 2018

One Wall Street firm has formulated a plan for ruffled investors who want to brave the stormiest parts of the market again

Reuters/Stringer It's time for weary stock market investors to add some risk back to their portfolios, according to Wells Fargo's head of equity strategy. Stocks have recently been rocked by fears of a trade war. After a choppy season f.....»»

Category: topSource: businessinsiderApr 14th, 2018

Three big U.S. banks report earnings

Quarterly profit at JPMorgan Chase missed expectations, Wells Fargo and Citi beat on profits. Aleksandra Michalska reports. Video provided by Reute.....»»

Category: topSource: usatodayApr 13th, 2018

Three big U.S. banks report earnings

Quarterly profit at JPMorgan Chase missed expectations, Wells Fargo and Citi beat on profits. Aleksandra Michalska reports......»»

Category: videoSource: reutersApr 13th, 2018

Wells Fargo Earnings Results For Q1 2018 Beat Estimates

Wells Fargo & Co (NYSE:WFC) released its Q1 2018 earnings results before opening bell this morning. Wells Fargo earnings rose to $1.12 per share on $21.9 billion in revenue, while the Street had been look.....»»

Category: blogSource: valuewalkApr 13th, 2018

The Wall Street Journal: Wells Fargo looks at own auto-lending issues as regulatory pressure builds

Wells Fargo has expanded a review of auto products and services it finances as part of an effort to get ahead of heightened regulatory interest in the area, according to people familiar with the matter......»»

Category: topSource: marketwatchApr 9th, 2018

JPMorgan, Citigroup, Wells Fargo and More Companies Reporting This Week

24/7 Wall St. has put together a preview of Citigroup, Rite Aid, Wells Fargo and some of the other top companies reporting their latest results in the coming week......»»

Category: blogSource: 247wallstApr 8th, 2018

Wells Fargo"s restructuring plans could lead to layoffs

Wells Fargo & Co.is planning to continue consolidation of corporate and investment banking as it tries to rein in costs and regain traction with customers whiplashed by a series of scandals, according to a Thursday report in The Wall Street Journal......»»

Category: topSource: bizjournalsApr 6th, 2018

Wells Fargo"s plans for business integration may lead to layoffs

Wells Fargo & Co. (NYSE: WFC) is planning to continue consolidation of corporate and investment banking in the interest of cost reduction and to better serve customers, according to a report Thursday in The Wall Street Journal. WSJ reports these integ.....»»

Category: topSource: bizjournalsApr 6th, 2018

Wells Fargo to integrate corporate and investment bank: WSJ

(Reuters) - Wells Fargo & Co is planning to integrate its corporate and investment bank in an effort to reduce costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter......»»

Category: topSource: reutersApr 5th, 2018

Report: Feds now conducting their own probe of Wells Fargo"s wealth-management unit

A federal investigation into Wells Fargo & Co.’s sales practices has spread from retail banking to the company’s wealth-management unit, according to a recent report by The Wall Street Journal.  Citing sources familiar with the situation, the.....»»

Category: topSource: bizjournalsMar 20th, 2018

Report: Feds investigation into Wells Fargo spreads to wealth management unit

A federal investigation into Wells Fargo & Co.’s sales practices has spread from retail banking to the company’s wealth management unit, the Wall Street Journal reported.  The WSJ, citing sources familiar with the situation, said U.S. Department.....»»

Category: topSource: bizjournalsMar 19th, 2018

Feds reportedly broaden investigation into Wells Fargo

A federal investigation into Wells Fargo has broadened to include its wealth-management division, according to a Wall Street Journal report Friday.Wells Fargo is wrestling with the aftermath of a scandal in its retail banking unit in which, among........»»

Category: topSource: moneycentralMar 16th, 2018

Feds reportedly broaden investigation into Wells Fargo

A federal investigation into Wells Fargo has broadened to include its wealth-management division, according to a Wall Street Journal report Friday.Wells Fargo is wrestling with the aftermath of a scandal in its retail banking unit in which, among........»»

Category: topSource: moneycentralMar 16th, 2018

WSJ: Fed investigation into Wells Fargo broadens

The Wall Street Journal is reporting that a federal investigation into Wells Fargo has broadened to include its wealth-management division......»»

Category: topSource: foxnewsMar 16th, 2018

The Wall Street Journal: Wells Fargo CEO made $17.4 million in 2017, 291 times company’s median salary

Wells Fargo & Co. awarded Chief Executive Timothy Sloan $17.4 million in compensation for 2017, his first full year leading the embattled bank......»»

Category: topSource: marketwatchMar 14th, 2018