Wells Fargo hires former Chase exec as it chases credit card growth
Wells Fargo has shifted its focus from home mortgages to credit cards, which are increasingly popular for payments as well as lending.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Chase calls workers back to office 5 days a week. What’s BofA and Wells doing?
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Wells Fargo Stock: Good Times Ahead
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.
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Eli Lilly, D-Wave Quantum, and More
JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup are scheduled to report fourth-quarter earnings Wednesday.
Wells Fargo Keeps Their Buy Rating on JPMorgan Chase & Co. (JPM)
In a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report). The
JPMorgan Vs. Wells Fargo: 1 Stock Technically Stronger Ahead Of Earnings
JPM and WFC are preparing to release their Q4 earnings, with strong bullish momentum for JPM and cautionary signals for WFC. Analysts forecast positive results for JPM, while WFC may experience a minor pullback.
Wells Fargo, Merrill Cash-Sweep Accounts Shortchanged Clients, SEC Alleges
Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling uninvested cash into sweep accounts that benefited the banks but not their clients,
JPMorgan’s Dimon: Consumer Spending Healthy but Inflation Could Persist
Jamie Dimon, the chief executive of JPMorgan Chase, said in a statement alongside the bank's fourth-quarter earnings that the U.S. economy “has been resilient” and that businesses appear more upbeat.
Citi, JPMorgan, Goldman, Wells Fargo kick off Big Bank earnings
Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday.
JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
Wells Fargo, JPMorgan lead capital flows into bank bonds
Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most capital flowed into Wells Fargo,