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US banks have closed more than 100 local branches in just two months leaving even more communities cut off from vital ...
Citi and Wells Fargo opt to issue in euros before dollars ◆ Citi's offer described as first post-GFC euro sub debt from a US ...
Wells Fargo& Co. reported Tuesday another in a series of steady-as-you-go financial performances for the second quarter as the bank emerges from the Federal Reserve's final consent order. Diluted ...
Wells Fargo is expanding its healthcare team within its commercial bank and aims to hire more people at a time when the $1.95 trillion asset cap on the bank has been lifted.
The Pittsburgh-based bank's average loans increased 2% from the prior quarter, its largest jump since the end of 2022.
Wells Fargo (NYSE:WFC) provides banking, investment, lending, and financial services to individual, commercial, and ...
Wells Fargo has marked a significant milestone in its transformation journey with the removal of the asset cap. This development comes as the company continues to deliver stronger financial results, ...
In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with consumer bankers for a 10% increase in new assets.
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in ...
JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.
termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...