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Wells Fargo said 35 employees were given notification of their job ending between April 1 and June 10. The remaining 159 employees were notified Tuesday.
Wells Fargo’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year ...
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 ...
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
Wells Fargo reported earnings per share of $1.60 on total revenue of roughly $20.8 billion. EPS beat FactSet estimates easily, while revenue came in slightly higher than estimates.
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Wells Fargo & Co. just did something it hasn’t been able to do for more than seven years: Cross the $1.95 trillion asset mark ...
KLA Corporation (NASDAQ:KLAC) is one of the Top 10 Software and Technology Stocks to Buy Now. Wells Fargo downgraded the company’s stock to “Equal Weight” from “Overweight” with a price objective of ...
Trepp also highlighted the explosive growth in CRE CLO issuance, noting that 17 deals totaling $17.17 billion represented ...
Detailed price information for Fifth Third Bancorp (FITB-Q) from The Globe and Mail including charting and trades.
The First Eagle Alternative Credit (FEAC) team has participated in the collateralized loan obligation (CLO) market under the same leadership for more than 20 years. It currently manages approximately ...
For CLO managers, Wells Fargo’s recent return to the market is welcome. While more firms have entered the market to buy AAA CLO bonds, few are as large as US and Japanese banks, which still ...