Warren Buffett has divested from multiple banks after identifying concerning issues in their financial practices.
After ongoing related workplace-related controversies at Wells Fargo & Co., its investors on Tuesday approved a single shareholder proposal — one that calls on the company to publish an annual repor
As Wells Fargo & Co. faces allegations of union-busting, an investor group made up of workers and the AFL-CIO is asking the company to adopt and disclose a policy on its employees' rights related to u
Wells Fargo's capital ratios are well above its regulatory requirements. Management indicated that repurchases would continue this year.
Since the phony-accounts scandal came to light in 2016, Wells Fargo has been working to improve its regulatory infrastructure. The bank has paid billions in fines and made a lot of changes to the orga

Time for Big Bank ETFs on Upbeat Earnings?

09:10am, Thursday, 20'th Apr 2023
U.S. banking earnings have probably not been so awaited since the 2008 financial crisis. To the sweet surprises of investors, most big bank earnings have come up with upbeat 1Q 2023 results.
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Net interest income on loans exploded higher last year, and those gains persisted through Q1 2023. This profit surge is poised to persist at current levels for some time.
Horizon Investments Head of Portfolio Strategy Zach Hill discusses the ongoing banking crisis and details what upcoming bank earnings could mean for investors with Yahoo Finance anchors Seana Smith an
Charlie Munger (Trades, Portfolio), the renowned investor and chairman of Daily Journal Corp. ( DJCO , Financial), disclosed his California-based publishing company's first-quarter 2023 equity portfol
Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy and large cap bank analyst, joins 'Squawk Box' to discuss his thoughts on Goldman Sachs' Marcus business, if there's anything to e

Why Wells Fargo Stock Was Up on Monday

04:32pm, Monday, 17'th Apr 2023
Wells Fargo's revenue climbed 17% and earnings rose 17% in Q1. Several analysts maintained buy ratings for the big bank following its earnings release.

Q1 Earnings: Tesla, Netflix On Deck

03:58pm, Monday, 17'th Apr 2023
Earnings season kicked off last week, with several big banks such as JPMorgan, Wells Fargo, and Citigroup getting the party started. And this week, the party continues with several market favorites, i
First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.
With the chip stocks expected to begin reporting soon, the sector is coming into focus, and Wells Fargo (NYSE: WFC) just announced its 2 top picks. Analysts Gary Mobley chooses NXP Semiconductors (NAS
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