Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.
The discussions involve payments companies co-owned by JPMorgan Chase, other large banks.

I Sold These Big Bank Stocks Hand Over Fist

03:35pm, Wednesday, 21'st May 2025
The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushion
WFC and PNC are making efforts to grow strategically. Read on to know which has more upside potential in 2025.
In the latest trading session, Wells Fargo (WFC) closed at $75.52, marking a -0.71% move from the previous day.
Scott Wren, Wells Fargo, and Courtney Garcia, Payne Capital Management, joins 'Closing Bell Overtime' to talk the day's market action.
Moody's downgrades rating on JPM, BAC, WFC, BK and STT after it lowered the U.S. sovereign credit ratings.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Bernstein Strategic Decisions Conference on Wednesday, May
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% no
SAN FRANCISCO--(BUSINESS WIRE)-- #cdfis--Wells Fargo & Company (WFC) today announced Open for Business Growth, a new $20 million philanthropic program where nonprofits enable small business owners rea
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025), it will redee
The 'Fast Money' traders talk how they are playing big banks.
Wells Fargo's growth potential is strong, driven by lifting the asset cap, solid financials, and aggressive share buybacks, despite economic uncertainties. The bank's net income rose 6% YoY, with a 16
Given steady rates and economic uncertainty, WFC may face headwinds in the near term. Read on to know whether the stock is worth holding on to for now.
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