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Two Wells Fargo executives go on leave of absence amid sales scandal review
Wells Fargo & Co said on Wednesday it put two executives on leave in connection with ongoing regulatory reviews into the bank’s retail sales practices......»»
Wells Fargo reform plans fail to satisfy Fed after scandals: sources
The Federal Reserve has rejected Wells Fargo & Co's plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions......»»
Wells Fargo CEO Tim Sloan addresses ongoing asset cap, efforts to transform
Wells Fargo CEO Tim Sloan shared updates on the cap — part of a consent order with the Federal Reserve System — on an investor call Tuesday morning following the release of the bank's fourth-quarter earnings report......»»
Super Micro Computer stock crashes 23%, drags down AI darling Nvidia after it doesn"t preannounce earnings
SMCI did not offer Wall Street "a positive preannouncement, which is being considered a negative," Wells Fargo Securities said. .....»»
Daily Digest: Shell to wind down Volta; Layoffs at Golden Gate Fields
Good morning, Bay Area. Starting your Friday in banking, Wells Fargo & Co. missed estimates for net interest income in the first quarter, but bested analysts' expectation in both earnings per share and revenue. In food news, chef Dominique Crenn i.....»»
Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Wells Fargo & Company (.....»»
McDonald"s sees sales boost from chicken sandwich amid COVID-19 rebound
Chicken sandwiches and flashy celebrity food promotions are fueling earnings for McDonald's......»»
Federal regulators seek higher penalties for former Wells Fargo executives
The Office of the Comptroller of the Currency is asking for additional penalties from three former Wells Fargo & Co. executives, according to recent court filings......»»
Analyst Expects Apple To Hike Dividends By At Least 10% When Reporting Q2 Earnings
Wells Fargo analyst Aaron Rakers expects Apple Inc. (NASDAQ: AAPL) to announce a dividend increase of at least 10% as well as its expand its stock buyback program by $50 billion while reporting its second-quarter results on April 28, Barron’s read more.....»»
Wells Fargo CEO talks candidly about the bank’s woes and challenges
It’s the kind of talk one expects a CEO to share with his direct reports behind closed doors — not publicly on an earnings call......»»
Wells Fargo execs bullish on economy, as bank continues to navigate expenses
Executives at Wells Fargo & Co. are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»
Wells Fargo execs bullish on economy, bank continues to navigate expenses
Executives at Wells Fargo are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»
Wells Fargo stock surges toward biggest post-earnings gain in a decade
Shares of Wells Fargo & Co. enjoyed a.....»»
Goldman lifts Dow, Nasdaq slips 1%, Coinbase surges 31% to $328
Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo earnings are in focus......»»
S&P 500 hits record, Coinbase crushes it in debut
Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo earnings are in focus......»»
Wells Fargo earnings jump as economy bounces back
Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines......»»
Market Snapshot: Dow rises to intraday record, Nasdaq edges lower, as big bank earnings top expectations
U.S. stocks are mostly higher Wednesday afternoon as financial powerhouses JPMorgan Chase, Wells Fargo and Goldman Sachs kick off the first-quarter earnings season by beating expectations......»»
Market Snapshot: Dow up 200 points to hit intraday record as big banks book better-than-expected earnings and revenues
U.S. stocks are slightly higher Wednesday morning as earnings of big banks kick off the first quarter reporting season, beginning with results from JPMorgan Chase, Wells Fargo and Goldman Sachs......»»
Wells Fargo earnings boosted by release of $1.6 billion in loan loss reserves
Wells Fargo & Co. posted stronger-than-expected profit and revenue for the first quarter, boosted by the release of $1.6 billion in its reserv.....»»
Stock futures trade higher ahead of bank earnings
Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo will report results.....»»