Wells Fargo News
News on Wells Fargo (Ticker: WFC) continually updated from thousands of sources around the net.
57 min ago | Business Wire
Weiss, who is based in New York, will replace John Shrewsberry, who was recently named the company's next Chief Financial Officer.
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2 hrs ago | Seeking Alpha
Umpqua has completed the acquisition of Sterling, a virtual merger of equals that adds significant scale in the Pacific Northwest.
"Ellen, Bob, Webb and Maria have distinguished professional careers, including significant board and management experience that will strengthen and enhance Umpqua's board," said President and CEO Ray Davis in a statement.
Shares of Jarden Corp. have earned an average recommendation of "Buy" from the thirteen brokerages that are presently covering the company, Stock Ratings Network reports .
Why I own some and why I am still a buyer at these prices. Read moreA Read the articleA Read moreA Read the articleA It has been 6 years since I first researched Wells Fargo.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund , which added 11,150,000 units, or a 1.4% increase week over week.
Maybe the Target Corp. security breach that compromised tens of millions of credit card numbers and other customer data will bring about some positive changes.
Despite recent concerns about a prolonged weak interest rate environment and margin compression, Regions has always been a standout performer, especially in terms of loan growth.
A New York judge ruled that Wells Fargo can't keep its Home Mortgage Foreclosure Attorney Procedure Manual out of a lawsuit in federal court.
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Things are heating up in the conflict between New York's top bank regulator and Ocwen Financial Services , the nonbank that's become a lightning rod for regulatory intervention in the fast-growing nonbank MSR segment.
The 1 core number I'm talking about net interest margin. This is the difference between what a bank is able to earn from loans and what it in turn pays out on deposits and other sources of funding .
Even more importantly however was Wells Fargo's ability to leverage its existing deposit base, reaching record cross-sell of its products in its retail banking sector, its wholesale banking sector, and its wealth, brokerage and retirement sector.
The layoffs are among 323 cuts nationwide the lender announced Wednesday, as it continues to reduce headcount amid declines in loan delinquencies and shrinking demand from borrowers to refinance home loans.