News

Fed says banks can withstand economic downturn, clears way for dividend hikes
Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and ...
Wells Fargo, JPMorgan snaps six straight sessions of gains
Wells Fargo (NYSE:WFC) shares snapped six straight sessions of gains on Friday, as the stock closed 0.7% lower at $79.42. The bank gained about 7% in the preceding six sessions. The stock has gained ...
Zacks.com on MSN1d
Bank of America or Wells Fargo: Which Big Bank Offers More Upside?
WFC gains near-term edge post asset-cap lift, while BAC bets on digital growth and IB rebound for long-term upside. Which ...
Wells Fargo wants to target business clients after removal of asset cap
The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Wells Fargo Succeeds Over Ex-Employee’s 401(k) Forfeiture Suit
Wells Fargo & Co. convinced a federal judge in Minnesota to dismiss a proposed class action over how the bank manages money ...
Wells Fargo wants to target business clients after the Fed removed the leash
Wells Fargo is seeing "green shoots" in its businesses tied to Wall Street after adding talent, the bank's Chief Financial ...
Pensions & Investments7d
Federal judge dismisses lawsuit against Wells Fargo over forfeited 401(k) funds
A federal judge In Minneapolis has dismissed a lawsuit against Wells Fargo & Co. and its 401 (k) plan fiduciaries by a ...