Strong deposit growth and cost-saving initiatives are likely to keep supporting Wells Fargo (WFC). However, a decline in revenues and a fall in loan balance are major headwinds.

Wells Fargo CEO says there will be losses in office loan portfolio

09:31am, Wednesday, 31'st May 2023

Wells Fargo & Co's Chief Executive Officer Charlie Scharf said on Wednesday that there will be losses in the office loan space but the lender was proactively managing its portfolio.

Michael Burry Is Now Betting on This Ex-Warren Buffett Stock

08:48am, Wednesday, 31'st May 2023

For decades, Buffett and Berkshire Hathaway loved Wells Fargo. Burry added a number of bank stocks in Q1, including Wells Fargo.

Former Wells Fargo executive agrees to pay $3 million fine

05:51pm, Tuesday, 30'th May 2023

Former Wells Fargo & Co. WFC, -0.61% executive Carrie L. Tolstedt has agreed to pay $3 million to settle charges connected with allegedly misleading investors about the success of the Community Bank,

'Goliath is winning' as largest banks see more business flow, says Wells Fargo's Mike Mayo

03:15pm, Tuesday, 30'th May 2023

Mike Mayo, Wells Fargo Securities senior banking analyst, joins 'Power Lunch' to discuss Goldman Sachs as the bank is reported to have another round of layoffs and the upside for investing in banks.

Credit Conditions Are Worsening. It May be a Problem for Citigroup and Wells Fargo: Analyst

10:15am, Tuesday, 30'th May 2023

For much of the last three years, banks could feel pretty good about their loan books—but as worries of a weakening economy mount, cracks in the health of bank borrowers are starting to show.

U.S. banks mull office-space loan exposure at Citi event and prepare for a slow boil

08:48am, Tuesday, 30'th May 2023

Big U.S. banks face a challenging environment for office-space loans but the situation is expected to remain manageable for lenders over time, Citi analyst Keith Horowitz said Monday in a summary of a

7 Undervalued Blue-Chip Stocks to Buy for June 2023

07:27pm, Sunday, 28'th May 2023

In the wake of the 2022 stock market rout, astute investors should focus on top undervalued blue-chip stocks. All as these sturdy market contenders promise a silver lining with incredible upside poten

Michael Burry Is Set to Rake in More Than $1 Million in Annual Dividend Income From These 4 Stocks

07:30am, Sunday, 28'th May 2023

In the first quarter, Burry loaded up on bank stocks amid upheaval in the banking industry. Banks are known for having good dividends.

This Fintech Stock Is Cheaper Than You Think

06:30am, Friday, 26'th May 2023

Visa is posting strong sales growth despite inflation, but it's starting to slow down. It has appealing capabilities for merchants and cardholders.

Sell in May and Go Away? Nope. 3 Stocks to Buy Now.

01:51pm, Wednesday, 24'th May 2023

This time of year it's rare to hear anyone talking about stocks to buy in May. Instead the opposite “sell in May and go away” makes its rounds in the media, the latest round of alarm-sounding.

Wells Fargo to Present at the 39th Annual Bernstein Strategic Decisions Conference

08:00am, Wednesday, 24'th May 2023

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 39th Annual Bernstein Strategic Decisions Conference on Wed

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