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Tiaa Fsb cut its stake in shares of Wells Fargo & Company (NYSE:WFC) by 13.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 140,953 shares of the financial services pr
Wells Fargo & Company (NYSE: WFC) terminated more than 100 employees for allegedly collecting coronavirus relief funds in an improper manner, Bloomberg reported Wednesday....

Wells Fargo faces growing pressure to slash costs

08:38pm, Wednesday, 14'th Oct 2020
CEO Charlie Scharf disappointed investors by failing to provide either a detailed road map for long-term expense reductions or say when he might release such a plan.
La banca statunitense stanzia £578,78 milioni per coprire le perdite sui prestiti nel Q3. L'azienda taglierà le proprie spese annuali di £7,71 miliardi.
The layoffs come as the parent bank looks to cut costs in a difficult interest-rate environment for banks.
Wells Fargo's wealth division saw profits jump 157% compared with previous quarter in the throes of the pandemic, while Bank of America's Merrill Lynch and Private Bank units posted profits
Wells Fargo (NYSE: WFC) dijo el miércoles que sus ganancias en el tercer trimestre fiscal fueron un 56% más bajas que el año pasado. La compañía reportó 1,570 millones de libras esterlinas de ga
Wells Fargo fell short of Wall Street estimates for third-quarter profit Wednesday with the bank reporting a 57 percent drop in profit, clocking nearly $1 billion in expenses tied to a years-long s…
De winst van Wells Fargo valt 56% in Q3 tot £1,57 miljard. De financiële dienstverlener om zijn jaarlijkse uitgaven met 7,71 miljard pond te verlagen.

Wells Fargo: Stock Remains Disconnected (NYSE:WFC)

04:42pm, Wednesday, 14'th Oct 2020
Wells Fargo generated a large $3.1 billion non-GAAP profit despite low interest rates. The large bank saw the CET1 ratio rise to 11.4%.
Wells Fargo meddelade idag att resultatet för räkenskapsårets tredje kvartal var 56% lägre än förra året. Trots det var det en förbättring jämfört med Q2.
The bank reported a year-over-year decline of 815 advisers, according to its earnings report released Wednesday morning.
La banque américaine voit son bénéfice net chuter de moitié à 2 milliards de dollars au troisième trimestre.
Wells Fargo's stock was down in early morning trading after the bank reported disappointing third-quarter earnings.
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