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Wells Fargo Announces 10% Staff Cuts As CEO Struggles To Impress Analysts

As hopes for a steeper yield curve have lifted bank stocks, Wells Fargo CEO Tim Sloan is apparently trying to bolster Wells' lagging share price as the numerous scandals that have tarnished the banks credi.....»»

Category: blogSource: zerohedgeSep 21st, 2018

Evolus announces staff cuts, sees enough cash funding for over 12 months

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 16th, 2020

Longtime banking analyst Dick Bove says Wells Fargo"s struggles aren"t limited to PPP

Banking analyst Dick Bove said Wells Fargo is "two steps behind" its rivals in grappling with industry challenges......»»

Category: topSource: bizjournalsApr 15th, 2020

Wells Fargo’s Q1 Results Too Soft to Fend Off COVID-19 Effects

Wells Fargo's first-quarter results fell far short of analysts' expectations as the bank continued to build its reserves ahead of the economic downturn caused by the COVID-19 outbreak......»»

Category: blogSource: 247wallstApr 14th, 2020

Exxon investors may want more details on production cuts, says Wells Fargo

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 7th, 2020

Carnival announces "expected" capital raise, says Wells Fargo

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: theflyonthewallMar 31st, 2020

Wells Fargo cuts price targets in IT Hardware & Communications Networking space

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: theflyonthewallMar 20th, 2020

Wells Fargo Struggles to Keep Its Scandals in the Past

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wells Fargo is still w.....»»

Category: topSource: investorplaceMar 14th, 2020

Wells Fargo cuts price targets for brokers on lower interest rate environment

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: theflyonthewallMar 6th, 2020

Wells Fargo cuts prime rate by 50bps to 4.25%

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: theflyonthewallMar 3rd, 2020

Wells Fargo cuts large-cap bank estimates, but notes balance sheet strength

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: theflyonthewallFeb 28th, 2020

Wells Fargo fined $35 million in SEC settlement over investment advice

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

Category: topSource: washpostFeb 27th, 2020

Wells Fargo cuts AMD rating as shares due for "breather"

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: theflyonthewallFeb 20th, 2020

Wells Fargo announces major restructuring, splitting bank into five units, each with own CEO

Wells Fargo & Co. CEO Charles Scharf is making moves as he tries to rid the San Francisco-based bank of ongoing problems since its fake-accounts scandal emerged in 2016. Scharf is splitting the bank's organizational structure into five parts: Cons.....»»

Category: topSource: bizjournalsFeb 11th, 2020

Wells Fargo downgrades eBay to Underweight, cuts target to $32 from $45

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: theflyonthewallJan 17th, 2020

Wells Fargo CEO: ‘I don’t have all the answers yet’

After three months in the position, Wells Fargo's newest CEO, Charles Scharf, made his debut before Wall Street analysts Tuesday to report another disappointing quarter for the bank......»»

Category: topSource: washpostJan 14th, 2020

Wells Fargo"s new chief pledges more cost cuts as profit slumps

Wells Fargo & Co's profit slumped 55% in the fourth quarter as new boss Charles Scharf set aside another $1.5 billion for legal costs related to the bank's sales scandal and promised "fundamental changes.".....»»

Category: topSource: reutersJan 14th, 2020

Wells Fargo struggles to update old systems with modern technology, WSJ 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: theflyonthewallJan 13th, 2020

Raymond James downgrades Wells Fargo to Underperform on expected earnings cuts

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: worldSource: nytDec 2nd, 2019

Cardlytics announces start of phased launch with Wells Fargo

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: theflyonthewallNov 21st, 2019

Wells Fargo downgrades Berry Petroleum, cuts price target to $9 from $13

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: theflyonthewallNov 20th, 2019