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 ...

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 ...

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 ...

Moody's Ratings on Monday downgraded the deposit ratings at some units of megabanks JPMorgan Chase (JPM), Wells Fargo (WFC) and Bank of America (BAC), owing to the bond grader's recent cut to the ...

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 ...

Wells Fargo stock soared more than 2% in after-hours trading following the announcement. Shares had closed at $75.65, up from $59.34 a year ago. The bogus accounts scandal toppled two Wells Fargo ...