Wells Fargo Hires New Head of Cards
Citizens meanwhile extends its presence in Florida with a $750 million team from RBC and Envestnet hires a new CEO.
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading.
Wells Fargo & Co. workers who say the employee stock in their retirement plan was mishandled won a court order certifying their case as a 300,000-person class action.
WFC's efforts to reduce costs and progress in fixing compliance issues look encouraging. Let us find out whether the stock is worth investing in.
Michael Turrin, Wells Fargo software equity research analyst, joins 'Power Lunch' to discuss the impact of Stargate's AI deal and the winners from the investment.
Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%.
Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance. Read why I upgrade WFC stock from sell to hold.
U.S. consumers have plenty of money to spend on seafood, despite anecdotal concerns over inflation and higher grocery bills, according to Wells Fargo agricultural economist Michael Swanson.
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay $18 million.
Wells Fargo & Co.’s multi-year plan to support and build its independent broker and advisor channel is to keep on rolling in 2025, according to the bank’s chief financial officer, Michael Santomassimo. Wells Fargo Advisors is the broad marketing umbrella for close to 12,000 bank advisors, wealth management advisors, and independent advisors.