Wells Fargo (WFC) forms a direct lending fund, Overland Advisors, with private equity firm Centerbridge Partners to provide loans to non-sponsor middle-market companies.
A Citigroup Inc. C, -1.95% unit is raising $5 billion in debt in a bond offering in its first such deal in four years, a person familiar with the bank told MarketWatch. The deal has launched and is ex
Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. This partnership will be facilitated thr

2 Bank Stocks Dragged by Rate Hike Fears

02:17pm, Tuesday, 26'th Sep 2023
JPMorgan Chase (JPM) CEO Jamie Dimon's warning that the Federal Reserve may not be done hiking interest rates is dragging the bank sector lower this afternoon.
Wells Fargo is fundamentally strong and well-positioned to expand its business in the long term. The bank's stock is currently trading below its intrinsic value and offers an attractive forward divide
Wells Fargo's reputation has been tarnished by numerous scandals, but the bank's underlying business remains strong. The bank has reported robust financial results, with strong YoY revenue and net inc
A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.
Investors wanting to buy good quality S&P 500 stocks at great prices should consider the following seven stocks. Even better, Morningstar analysts have assigned 5-star ratings to all seven of these pi
Mike Mayo, Wells Fargo Securities senior bank analyst, joins 'Squawk on the Street' to discuss David Solomon's longevity at Goldman Sachs.
Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently.
Wells Fargo Securities Head of U.S. Large-Cap Bank Research Mike Mayo spoke with Yahoo Finance anchors Seana Smith and Brad Smith about questions surrounding David Solomon as CEO of Goldman Sachs.
Wells Fargo's non-callable preferred shares offer a 6.5% yield, making them attractive in the current high-interest rate environment. The bank's H1 results show strong dividend coverage and asset cove
Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.
Former Wells Fargo & Co. executive Carrie L. Tolstedt faces up to 16 months in prison in a sentencing hearing scheduled in federal court on Friday for her part in the bank's fake-account scandal, whic
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