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The Latest Breaking News from Wells Fargo

US banks report solid results but warn of rising recession risk

New York (AFP) - Large US banks reported a round of solid quarterly profits Friday, but cautioned of rising recession risks as the economy absorbs higher inflation and a dramatic shift is central bank policy.

AFP

Dow Jones Reverses As JPMorgan, UnitedHealth Rally On Earnings; Retail Sales Miss

The Dow Jones Industrial Average reversed lower Friday on hot inflation data. JPMorgan and UnitedHealth rallied on earnings results.

Investors Business Daily

Wells Fargo Stock Higher Despite Q3 Profit Earnings On 'Fake Account' Litigation Hit

"We are closely monitoring risks related to the continued impact of high inflation and increasing interest rates," said CEO Charlie Scharf.

The Street

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Elizabeth Warren Demands Answers From Wells Fargo On 'Alarming Pattern' Of Zelle Fraud

Sen. Elizabeth Warren (D-Mass.) says she wants answers from Wells Fargo & Co (NYSE: WFC) on the Zelle fraud.

Benzinga

Stocks Edge Lower, Retail Sales, Bank Earnings, Caterpillar And Elon Musk In Focus - Five Things To Know

Stock futures lower after huge Wall Street rally; Retail sales in focus after hot inflation data; JPMorgan leads bank earnings parade amid deal slump; Elon Musk under federal probe linked to Twitter takeover, court papers show and Caterpillar waves retirement rules, CEO Jim Umpleby to remain.

The Street

Wells Fargo Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 10 strange trades.

Benzinga

Bank Earnings: JPMorgan, Wells Fargo, Morgan Stanley Lead Reports

Bank earnings kick off in a flurry this week. Wells Fargo, JPMorgan, Morgan Stanley, PNC, Citi all report quarterly results on Friday

Investors Business Daily

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Wells Fargo, Citi and JPMorgan Chase Take the Stage

Major banks report third quarter results, which should give an indication of the health of the US economy and financial system.

The Street

BofA Likes Wells Fargo, Morgan Stanley Among Bank Stocks

Bank stocks have stumbled in 2022, with the KBW Nasdaq Bank Index dropping 30% year to date, outdoing the S&P 500’s slide.

The Street

Q3 Earnings Season Starts With The Banks: What Investors Need To Know Before Friday

The banks are set to kick off what will be a closely-watched third-quarter earnings season when they report financial results this coming Friday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 11, 2022

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Benzinga

Nvidia Stock Slides, Leading Chipmakers Lower, As Biden's China Export Curbs Bite

Beaten-down chip stocks were back in the red Tuesday as investor continue to reprice risk in the semiconductor space.

The Street

Stocks Extend Slump, Bank of England Intervenes Again, Amazon, Rail Strikes And Marvell In Focus - Five Things To Know

Stock futures slump as global stocks retreat; Bank of England expands emergency bond buying; Amazon slips lower as two-day 'Prime Event' kicks off; Rail union rejects proposed contract, raising strike action risk and Marvell shares get bump from Wells Fargo upgrade.

The Street

Inconvenience fee: how Biden is taking on companies’ sneaky charges

In a little publicized initiative, the Biden administration is seeking to tackle the ‘junk fees’ hitting Americans when they can’t afford it

The Guardian - US

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Benzinga

Discover Why Wells Fargo Analysts Are Bullish On This ESG, Renewable Natural Gas Player

Archaea Energy Inc. (NYSE: LFG) is one of the largest renewable natural gas (RNG) companies in the U.S. Its RNG facilities capture waste emissions and convert them into low-carbon fuel.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

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Benzinga

Charting Wells Fargo's Rally After Upgrade By This Fellow Bank

It's rare when one investment bank upgrades another financial institution, and that took place on Monday when Goldman Sachs upgraded Wells Fargo & Co (NYSE: WFC) m

The Street

Embattled Credit Suisse Faces Social Media Wrath

Reddit and Twitter are in a hurry to announce the collapse of Credit Suisse.

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The Independent UK

Fraud, scam cases increasing on Zelle, Senate report finds

Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report coming out Monday from the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

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Benzinga

Big Tech Behemoths Silently Embracing Crypto & DeFi

Crypto and decentralized finance is not nearly as obscure as many traditional investors will have you believe. On the contrary, DeFi and token technology has been embraced by some of the world’s most innovative companies, if not silently.

Benzinga

Wells Fargo Whale Trades For September 28

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 29 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 28, 2022

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The Street

Goldman Sachs Is Paying More for Your Savings

Some banks have begun to pay savers well following the Federal Reserve's rate hikes.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 26, 2022

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