News

The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...
Moody’s today downgraded the long-term ratings of top American lenders such as JPMorgan Chase, Bank of America and Wells Fargo, after pushing the U.S. out of the top triple-A rating club over ...
On June 4, Wells Fargo analyst Jason Haas reaffirmed his Buy rating on Moody’s Corporation (NYSE:MCO) with a price target of $572. He sees structural changes in the credit market as a long-term ...
Wells Fargo & Co.’s stock fell Tuesday after the bank reported second-quarter profit and revenue that rose above expectations but missed on net interest income, and after it cut its full-year growth ...
Wells Fargo Investment Institute currently has a “favorable view” of investment-grade corporate bonds and is “neutral” high-yield debt, he said. High-yield bonds are riskier, as they’re ...
Private markets are the clear beneficiary of the pivot with allocations to private equity, private credit, and infrastructure ...
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago. Total assets, which had been restricted to $1.95 trillion under a government ...
U.S. lender Wells Fargo said on Thursday its board of directors planned to appoint the lender's CEO Charlie Scharf as its chairman and to award him a one-time special equity grant of $30 million in ...