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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......»»

Category: topSource: foxnewsApr 14th, 2021

Wells Fargo invests in even more Black-owned banks

Customers of the Black-owned banks will be able to use Wells Fargo's nationwide ATM network without incurring fees......»»

Category: topSource: bizjournalsApr 13th, 2021

JPMorgan Chase and Wells Fargo aren"t giving customers their $1,400 stimulus checks until March 17. Other banks have paid out already.

JPMorgan Chase and Wells Fargo said they were following instructions from the IRS, which listed March 17 as the "official payment date" for checks. .....»»

Category: topSource: businessinsiderMar 15th, 2021

Wells Fargo, JPMorgan Customers Push Banks To Release Stimulus Payments Early

Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) say customers might not receive direct-deposit stimulus payments until Wednesday, which has upset some customers. read more.....»»

Category: blogSource: benzingaMar 15th, 2021

Repay Holdings upgraded to Overweight from Equal Weight at 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 2nd, 2021

What BofA Thinks About Wells Fargo Asset Cap

Wells Fargo & Co (NYSE: WFC) seems poised to benefit from the estimated 19% growth in the Federal Reserve’s balance sheet in 2021, which is driving deposit growth in the banking sector, according to BofA Securities. Latest .....»»

Category: blogSource: benzingaFeb 8th, 2021

A margin call means your broker is asking you to repay the money it lent you to buy stocks - and if you don"t, it could mean big losses for your portfolio

A margin call usually happens when the securities you borrowed money from a broker to buy drop drastically in value, and you must furnish more funds. .....»»

Category: topSource: businessinsiderJan 21st, 2021

Repay Holdings initiated with an Equal Weight at 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: theflyonthewallJan 20th, 2021

Wells Fargo leaves behind consent order on anti-money laundering controls, but more remain

Federal regulators have ended a 2015 consent order against Wells Fargo & Co., correcting problems with its anti-money laundering procedures......»»

Category: topSource: bizjournalsJan 6th, 2021

Wells Fargo leaves behind 2015 consent order on anti-money laundering controls

Federal regulators have ended a 2015 consent order against Wells Fargo & Co., correcting problems with its anti-money laundering procedures......»»

Category: topSource: bizjournalsJan 5th, 2021

Key Words: Is Tesla the next AOL? It’s time to start thinking ‘old economy, not new economy,’ strategist says

Chris Harvey, Wells Fargo Securities head of equity strategy, talked about how Tesla's recent inclusion in the S&P 500 is reminiscent of the final days of the dot-com bubble......»»

Category: topSource: marketwatchJan 2nd, 2021

Tesla Becoming New AOL, Cryptocurrency Resurgence And 8 Other Top Wells Fargo Predictions For 2021

Chris Harvey, the head of equity strategy at Wells Fargo & Co (NYSE: WFC) advisory unit Wells Fargo Securities, gave his top 10 predictions for 2021 in an inte read more.....»»

Category: blogSource: benzingaDec 28th, 2020

Key Words: Is Tesla the next AOL? That’s what this strategist is warning

Chris Harvey, Wells Fargo Securities head of equity strategy, talked about how Tesla's recent inclusion in the S&P 500 is reminiscent of the final days of the dot-com bubble......»»

Category: topSource: marketwatchDec 27th, 2020

Cramer Shares His Thoughts On Wells Fargo, Caterpillar And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he believes in Charlie Scharf, the CEO of Wells Fargo & Co (NYSE: WFC). (The Federal Reserve Board gave banks the greenlight to restart read more.....»»

Category: blogSource: benzingaDec 19th, 2020

How Wells Fargo Championship organizers are looking to future after a lost event this year

Thursday would have been the first day of the Wells Fargo Championship. Instead, it's another example of the many things the coronavirus pandemic has changed this year......»»

Category: topSource: bizjournalsApr 30th, 2020

Wells Fargo was working hard to restore its reputation — then came PPP

Wells Fargo is in trouble with its customers again, this time over SBA relief loans......»»

Category: topSource: bizjournalsApr 16th, 2020

Wells Fargo shifts into PPP damage control, tells clients it’s still preparing their applications as SBA relief runs out of money

Wells Fargo said Thursday that it will continue working on its small business customers’ SBA Paycheck Protection Program applications even as the $350 billion SBA relief program ran out of money Thursday. The bank plans to have the applications re.....»»

Category: topSource: bizjournalsApr 16th, 2020

Wells Fargo shifts to PPP damage control, tells clients it’s still preparing applications as SBA relief runs out of money

Wells Fargo said Thursday that it will continue working on its small business customers’ SBA Paycheck Protection Program applications even as the $350 billion SBA relief program ran out of money Thursday. The bank plans to have the applications r.....»»

Category: topSource: bizjournalsApr 16th, 2020

Wells Fargo, BofA and JPMorgan grant overdraft relief as stimulus checks roll in

The top U.S. retail banks said on Wednesday they would provide relief to customers who had overdrawn checking accounts, so that they could reap the full benefits of the federal government's cash stimulus program......»»

Category: topSource: reutersApr 15th, 2020

Wells Fargo again urges small business customers to consider other banks for SBA relief loans

Wells Fargo's rocky week with the SBA PPP ended with the bank still urging its small business customers to consider other banks for SBA relief loans. That's easier said than done......»»

Category: topSource: bizjournalsApr 12th, 2020