Jared Shaw, Wells Fargo bank analyst, joins 'The Exchange' to discuss regional banks ahead of the sector reporting earnings.
Wells Fargo has named Saul Van Beurden as the chief executive officer of its consumer and small business banking (CSBB) unit, effective May 15, it said in a statement on Thursday.
UK bank share prices may remain relatively resilient in the near-term but JPMorgan expressed caution beyond that. Ahead of the first-quarter reporting season for the FTSE 100-listed lenders at the end
As the fifth-largest bank in the world by assets, JPMorgan Chase is likely too big for the U.S. government ever to let fail. Its steady dividend means shareholders will get paid while they wait for th

Is Warren Buffett Giving Up on Bank Stocks?

01:15pm, Wednesday, 12'th Apr 2023
Bank failures have been a major topic of 2023 following the collapse of Silicon Valley Bank. This morning, Warren Buffett spoke on CNBC and answered various questions related to his stance on the ba
Shortly after Wednesday's opening bell, the Dow traded up 0.48%, the S&P 500 up 0.57% and the Nasdaq 0.77% higher.
The SPY ETF stock has done modestly well in the past few weeks as concerns about the banking sector ease. The SPDR S&P 500 Fund rose to a high of $409.72, the highest point since February this year.
Talking heads warn a recession is imminent in America. The majority of these people appear to either have academic backgrounds or be economists who advise large banks without actually making trading d

How Are Bank ETFs Shaped Before Q1 Earnings?

02:34pm, Tuesday, 11'th Apr 2023
Big banks will start releasing their quarterly numbers this week. The outlook is moderate this time.
Wells Fargo (WFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
"The banks have a good story to tell," Mike Mayo, Wells Fargo Securities head of large-cap bank research, says on "Bloomberg Markets: The Close" while previewing the big bank earnings scheduled to be
JPMorgan reports Friday, along with Wells Fargo, Citigroup and PNC Financial. Balance sheets and guidance may trump Q1 earnings.
Some of the largest financial institutions in the United States will kick off first quarter earnings season this week. Investors will have a keen eye on the banking sector this quarter after big and s

The 25 Safest Bank Stocks in America Right Now

12:11pm, Monday, 10'th Apr 2023
Pity the American bank stock investor. Since January, the KBW Nasdaq Bank Index has fallen 20% on fears of bank contagion.
We spent last Friday away from the offices in observance of Good Friday, but that morning the big Employment Situation report for March came out.
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