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Key Words: Warren Buffett: Look past Wall Street for Wells Fargo’s next CEO

Warren Buffett with some more personnel advice for his largest stock holding, Wells Fargo, as the bank continues efforts to restore its reputation amid the stain of client account abuse......»»

Category: topSource: marketwatchApr 8th, 2019

Buffett Weighs In Who Is Best Qualified To Run Wells Fargo

Outgoing Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan should be replaced with a permanent CEO with a background that isn't from Wall Street, major shareholder Warren Buffett told the Financial Times in an interview over the wee read more.....»»

Category: blogSource: benzingaApr 8th, 2019

Buffett urges Wells Fargo to look here for next CEO

Warren Buffett, the largest shareholder in Wells Fargo, has called on the US bank to look outside Wall Street for a new chief executive who can restore its battered reputation. .....»»

Category: topSource: moneycentralApr 7th, 2019

Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: FT

Warren Buffett, Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer......»»

Category: topSource: reutersApr 7th, 2019

The Number One: This investment has beaten Warren Buffett by 200X over the past 30 years — but good luck grabbing a piece of it

Would you invest in a fund that charges a 5% management fee and a 44% performance fee? Sounds like a bad idea, a ripoff, a fleecing of the sheep by some greedy Wall Street master of the universe. Until you look at the numbers......»»

Category: topSource: marketwatchNov 20th, 2019

Wells Fargo Initiates Bullish Coverage On Dell

Dell Technologies Inc (NYSE: DELL) shares have been under pressure in the past three months, but one Wall Street analyst said Monday near-term headwinds will ultimately subside, clearing the way for long-term margin and shar.....»»

Category: blogSource: benzingaJul 29th, 2019

Warren Buffett sidekick Charlie Munger spouts off on Wells Fargo

Berkshire Hathaway Vice Chairman Charlie Munger had a lot to say this week on Wells Fargo’s troubles and past leadership. Munger’s criticism of Wells Fargo’s prior CEOs Dick Kovacevich and John Stumpf comes just before this weekend’s Berkshi.....»»

Category: topSource: bizjournalsMay 2nd, 2019

Buffett urges Wells Fargo to look away from Wall Street for next CEO

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 8th, 2019

Buffett calls on Wells Fargo to look beyond Wall Street for CEO, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 8th, 2019

Warren Buffett urges Wells Fargo to look beyond Wall St for next chief

The top shareholder in the bank says its new leader should not come from JPMorgan or Goldman......»»

Category: topSource: bizjournalsApr 8th, 2019

CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress

Wells Fargo & Co Chief Executive Tim Sloan, who has been campaigning to prove his bank has moved past its scandals, appeared in Congress on Tuesday before newly empowered Democratic lawmakers who are taking aim at Wall Street......»»

Category: topSource: reutersMar 12th, 2019

IBM, Abandoned by Buffett and Wall Street, Sinks Lower

Warren Buffet has abandoned IBM as a technology company of the past and embraced Apple as the anchor company of the future of tech......»»

Category: blogSource: 247wallstMay 7th, 2018

Netflix leads Wall Street higher; bank earnings disappoint

U.S. stocks rose on Tuesday, as hopes of more stimulus for China's slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo......»»

Category: topSource: reutersJan 15th, 2019

Netflix boosts Wall Street higher; bank earnings disappoint

U.S. stocks rose on Tuesday, as hopes of more stimulus for China's slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo......»»

Category: topSource: reutersJan 15th, 2019

Wells Fargo sees inflation taking heavy toll on small-business optimism

Persistent inflation has Wells Fargo and much of Wall Street reining in expectations for interest rate cuts this year......»»

Category: topSource: bizjournalsApr 11th, 2024

"Knives Are Really Out for Musk": Jim Cramer Feels Wall Street Is Losing Confidence In Tesla"s CEO, Lauds Warren Buffett"s "Truly Magnificent" Berkshire

Renowned financial analyst from CNBC, Jim Cramer, has voiced that Wall Street's trust in Elon Musk, the CEO of Tesla, is dwindling due to the company's falling stock price. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Wells Fargo sees inflation taking heavy toll on small business optimism

Rising inflation has Wells Fargo and much of Wall Street reining in their expectations for Fed rate cuts this year......»»

Category: topSource: bizjournalsApr 10th, 2024

Warren Buffett dumps almost all of his remaining Wells Fargo shares

The stock sale marks a closing chapter in Warren Buffett's storied history with his investment in Wells Fargo that began in 1989......»»

Category: topSource: bizjournalsMay 18th, 2021

Warren Buffett"s Berkshire Hathaway reveals Aon stake, slashes Chevron and Wells Fargo

The famed investor's company also boosted its Verizon and Kroger bets and reduced its pharmaceutical positions. Warren Buffett Getty Images / Michael Buckner Warren Buffett's Berkshire Hathaway invested in British insurer Aon last quarter.....»»

Category: topSource: businessinsiderMay 17th, 2021

Wells Fargo"s mortgage banker exodus - Wall Street"s return to office - Crypto talent war

This week's top finance stories: Inside mortgage-banker exodus at Wells, battle for crypto talent, Blackstone's back-to-office pla.....»»

Category: personnelSource: nytMay 15th, 2021

Warren Buffett, Mohamed El-Erian and now Janet Yellen spark fears over a pickup in inflation that could pile pressure on the Fed

Treasury Secretary Janet Yellen quickly rowed back her comments on inflation, but they were enough to cause concern on Wall Street. Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Janet Yell.....»»

Category: dealsSource: nytMay 5th, 2021