$81.61
+2.91 (+3.70%)
At Close: Jun 04, 2026
Buy the dip in banks as the Silicon Valley Bank crisis is unlikely to spread, Goldman Sachs says
08:30am, Saturday, 11'th Mar 2023
"We reiterate our overweight recommendation on the sector and would use any large selloff as an opportunity to add risk," Goldman Sachs said.
El-Erian Says Big Banks Will Benefit From SVB Crisis
10:12am, Friday, 10'th Mar 2023
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the crisis at Silicon Valley Bank will ultimately benefit the largest banks. "Guess where the deposits are goi
Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day
07:11am, Friday, 10'th Mar 2023
JPMorgan, Bank of America, Wells Fargo and Morgan Stanley saw $55 billion wiped off their combined market capitalization on Thursday.
Wells Fargo's Mike Mayo says banks stocks have gotten 'Powelled'
04:54pm, Thursday, 09'th Mar 2023
Mike Mayo, Wells Fargo senior bank analyst, joins 'Closing Bell' to discuss the big bank sell-off.
The big 6 banks are over capitalized right now, says Hightower Advisors' Stephanie Link
04:34pm, Thursday, 09'th Mar 2023
Hightower Advisors' Stephanie Link joins 'Closing Bell' to discuss pain in small caps, the health of the banking sector and mortgage exposure in banking.
Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector
03:32pm, Thursday, 09'th Mar 2023
"This adds to concerns of higher deposit costs, weakening loan demand, potentially weakening credit cycle and weakness in commercial real estate."
U.S. Companies Paid Record Dividends In 2022; Don't Expect That To Continue
01:09pm, Wednesday, 01'st Mar 2023
U.S. companies posted 7.6% dividend growth in 2022. Rising interest rates may send investors scrambling for yield this year.
Why Dana Stock Was in a Tailspin This Week
09:24am, Friday, 24'th Feb 2023
The company posts a dispiriting earnings report, and analysts pile on with modest (but meaningful) price target cuts.
The World's Largest Hedge Fund Recently Loaded Up in This Sector
07:35am, Friday, 24'th Feb 2023
Bridgewater Associates, the fund formerly run by Ray Dalio, has more than $235 billion in assets under management.
Wells Fargo lays off mortgage bankers after strategic shift away from California
07:33am, Thursday, 23'rd Feb 2023
CNBC's Hugh Son reports on news from Wells Fargo.
Wells Fargo lays off mortgage bankers days after rewarding some with California retreat
05:44pm, Wednesday, 22'nd Feb 2023
Some Wells Fargo bankers were successful enough last year to be flown to a resort in Palm Desert, California, for a company-sponsored conference this month.
Wells Fargo to Launch Digital Platform for Wealth Management
04:44pm, Wednesday, 22'nd Feb 2023
Wells Fargo is preparing to launch a digital platform offering clients tools for wealth management.
Wells Fargo seeks to catch faster-growing rivals by boosting engagement with rich clients
08:01am, Wednesday, 22'nd Feb 2023
CEO Charlie Scharf has highlighted wealth management as one source of growth for the company, along with credit cards and investment banking.
Wells Fargo has disclosed it's under investigation over its handling of electronic communication records, the latest salvo by Wall Street's regulators to crack down on the use of tools like WhatsApp.
Wells Fargo: Short-Term Outlook Is Mixed
11:47am, Monday, 20'th Feb 2023
Wells Fargo was a long-term favorite of Warren Buffett, but he recently sold all his shares after holding shares for nearly 33 years. Wells Fargo's earnings report was strong as consumer and credit ca
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