News

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 ...
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 ...
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 & 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 was once among the largest buyers of highest-rated CLO bonds, alongside other banks including JPMorgan Chase & Co. and Bank of America Corp. Many banks only took a six-to-12-month ...
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 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 ...
Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture between railcar lessor GATX Corporation and Brookfield Infrastructure .