Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...

“Climate change has become a defining factor in companies’ long-term prospects,” Fink warned. “We are on the edge of a ...

The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 ...

In a report released on July 13, Ashish Sabadra from RBC Capital maintained a Buy rating on S&P Global, with a price target of $620.00. The company’s shares closed yesterday at ...

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.

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 has been building toward the removal of its asset cap by the Federal Reserve. Now that it has the freedom to accumulate more money, it is ready to pounce on more business clients.

U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

Wells Fargo listed the four buildings and a parking garage for sale in early 2023 as it moved most of its downtown employees to its West Des Moines campus at 800 S Jordan Creek Parkway.