UBS Group AG (UBS) faces a class action suit by former shareholders of Credit Suisse who have suffered damages due to an inappropriate exchange ratio.
U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in regional banks and ahead of

Bank Earnings Looming: What To Expect

07:48pm, Wednesday, 05'th Jul 2023
Note: The following is an excerpt from this week's Earnings Trends  report. You can access the full report that contains detailed historical actual and estimates for the current and following periods

Wells Fargo control chief to leave: WSJ

03:03pm, Wednesday, 05'th Jul 2023
Wells Fargo & Co.'s WFC chief control executive, Nate Herman, is stepping down after some three years in the role, according to a memo seen by the Wall Street Journal. The move comes as the bank tries
After the collapse of Silicon Valley Bank NASDAQ: SIVB a few months ago, regional and larger banks across the United States saw their stocks decline as a systematic reaction to the news. As is a typ
Bank stocks witness a terrible start to 2023 due to the banking crisis and a gradual fall in loan demand on high rates. Only three S&P 500 banks - JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C) -
With a decrease in the stress capital buffer for Wells Fargo (WFC), it announces plans to increase its quarterly dividend by 10% and continue repurchases through second-quarter 2024.
J.P. Morgan analysts on Monday said Wells Fargo & Co.'s 17% dividend hike outpaced other banks in a flurry of dividend updates from the U.S.'s largest banks, but it was still less than expected.
Raymond James analyst David Long on Monday raised Wells Fargo & Co.'s WFC, +0.54% target price by $51 a share from $48 a share and reiterated a strong buy rating on the megabank. “We remain bullish
Major U.S. banks including Morgan Stanley and JP Morgan Chase & Co. announced dividend increases late Friday, following the Federal Reserve's stress tests earlier this week.
U.S. banks including JPMorgan Chase & Co and Wells Fargo & Co hiked their dividends on Friday after sailing through the Federal Reserve's annual health check, which showed they have enough capital to
Wells Fargo raised its dividend after clearing the Federal Reserve's annual stress test.

Why Dividend Investors Must Watch Bank Stocks Now

02:39pm, Thursday, 29'th Jun 2023
Markets were mixed, with tech taking a back seat on Thursday. Bank stress tests from the Federal Reserve were generally favorable.
Shares of major bank names are making moves today, after the Federal Reserve said all 23 of the biggest banks in the U.S. included in its annual stress test weathered a severe recession scenario.
Christopher Marinac, Janney Montgomery Scott director of research, joins 'Fast Money' to discuss the results of the Federal Reserve's banking stress test and what that means for bank stocks moving for
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