Wall Street closes at fresh records for second-straight day
Citigroup reported results on Monday, while JPMorgan Chase and Wells Fargo follow on Tuesday.
Wells Fargo
Movers & Shakers: July 15, 2019
Stories moving the markets and shaking up the world.
JPMorgan, Bank of America, Wells Fargo plan healthy dividend hikes
Bank investors are looking at a new round of dividend windfalls thanks to the Fed.
Wells Fargo pledges $1B for affordable housing
Wells Fargo announced Wednesday it was pledging $1 billion through 2025 dedicated to the affordable housing initiatives as part of the embattled lender’s goal to dedicate 2 percent of its after-tax profits to philanthropy.
China trade tensions could spell trouble for US bank earnings
Trading volumes are down, as U.S. Treasury notes hit a 20-month low.
Warren bashes OCC's Otting over Wells Fargo CEO search oversight
Otting said his agency will vet the bank's CEO candidates.
Wall Street giant Goldman Sachs seeks to reinvent itself as earnings slow
The traditionally Wall Street-focused investment bank is pivoting to the consumer market.
Wells Fargo beats 1Q earnings estimates amid new CEO search
The troubled lender is conducting a high-profile search for its next CEO.
Wells Fargo CEO drama eclipses struggling business
Revenue in the lender's three main divisions all fell in 2018.
US banks, in contrast to Wells Fargo, tout post-financial crisis improvements
The hearing is the first with CEOs of the largest U.S. banks in a decade.
Warren Buffett says Wells Fargo needs to look outside Wall Street for new CEO
Buffett says a Wall Street executive would draw congressional ire.
Wells Fargo’s task in CEO search? Find the next Jamie Dimon
The JPMorgan Chase CEO has trained many of the industry's next generation of leaders.
Wells Fargo CEO Tim Sloan to retire
The company has faced pressure to overhaul its leadership amid continued scandals.
Wells Fargo in talks to hire Harvey Schwartz as new CEO: Report
The stakes are high at Wells Fargo to turn the company around.
Wells Fargo CEO's overtures earn bipartisan rebuke in fiery congressional hearing
The hearing is expected to be the first in a series from Chairwoman Maxine Waters, D-Calif.
Wells Fargo CEO in hot seat on Capitol Hill
Well Fargo's Timothy Sloan will be in the hot seat on Capitol Hill Tuesday.
Wells Fargo suffers widespread outage of ATMs, mobile banking capabilities
The outage affects ATMs, online and mobile banking.
Elizabeth Warren wants Wells Fargo removed from college campuses
The CFPB report was produced in 2017, but only released in Dec. 2018 as a result of a Freedom of Information Act request.
Wells Fargo revenue misses on consumer banking weakness
The bank had a profit of $6.15 billion, or $1.16 per share in the year ago quarter.
Wells Fargo to pay states $575M for phony accounts, deception scandals
The settlement would also reportedly cover allegations of improper insurance referrals and incorrect mortgage rate lock extension fees.