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Shares of Wells Fargo & Co. fell in early Tuesday, after the bank reported second-quarter profit and revenue that rose above ...
Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded ...
A federal appeals court rejected Morgan Stanley's request to revisit a lower court's order to compel advisors to take their deferred compensation claims against the company to private arbitration.
Private-credit firms tend to accept much higher loan-to-value ratios than banks, raising default risks, Moody's says. Bank of New York Mellon logged higher-than-expected earnings and revenue in the ...
The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor ...
Consumer prices rose faster than in May, with increases in furniture, clothing and other tariff-sensitive items.
Explore the current financial state of US banking giants amid $172.28 billion in unrealized losses on held-to-maturity ...
The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...
Wells Fargo & Co. lowered its full-year guidance for net interest income, after another quarter of tepid growth amid the ...
This has been a demanding place to work,” Wells Fargo CEO Charlie Scharf said in discussing higher compensation for the bank's workers.
Shares of the San Francisco, California-based bank fell 2.7% in premarket trading. Last month, the U.S. Federal Reserve ...
Wells Fargo reported earnings per share of $1.60 on total revenue of roughly $20.8 billion. EPS beat FactSet estimates easily, while revenue came in slightly higher than estimates.
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