News

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 & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.
Wells Fargo has paid a quarterly dividend for 30 years. This financial giant has paid a quarterly dividend since 1995. While the payout has varied, it has increased annually since late 2020, when ...
Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty Fourth-largest U.S. bank can gather deposits, increase loans and expand its Wall Street businesses By Gina Heeb Share ...
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 ...
That strategy helped Wells Fargo become the golden child of the industry. The bank was focused on plain-vanilla loans, rather than the complex financial products that fell out of favor after the ...
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 ...
Wells Fargo WFC -0.22%, one of the country’s largest banks, missed out on hundreds of billions of dollars of deposit growth when it was handcuffed by an asset cap. Now that the cap is lifted, it ...
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 asset cap removal is set to boost competition in Philadelphia's banking sector, creating growth opportunities and potential market share shifts. OceanFirst adds 36 commercial bankers ...