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Wells Fargo’s equity research team believes markets may have reached a long-term bottom earlier this month, citing reduced investor panic and improving sentiment around tariff negotiations.
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.
After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval to resume expansion. The removal of the $1.95 trillion (£1.44 trillion ...
For CLO managers, Wells Fargo’s recent return to the market is welcome. While more firms have entered the market to buy AAA CLO bonds, few are as large as US and Japanese banks, which still ...
Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...
Mixed Q1 Results. Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...
Wells Fargo was freed from a $1.95 trillion asset cap imposed by the Federal Reserve in 2018, marking the end of a seven-year growth restriction. The Fed lifted the punitive measure on Tuesday ...
Citizens Financial Group, the nation's 20th-largest bank, has hired a Wells Fargo compliance executive to help guide it through an era of heightened regulatory scrutiny for U.S. financial ...
Wells Fargo’s equity research team believes markets may have reached a long-term bottom. ... As part of its strategy update, Wells Fargo is upgrading the Utilities sector to overweight from ...
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