News

Wells Fargo & Co. is shuttering its West End Center in downtown Winston-Salem, eliminating 150 jobs. Operations in the 379,000-square-foot center at 809 West 4½ St. are expected to cease as early ...
Wells Fargo released its latest U.S. Economic Outlook report, offering a measured assessment of current economic conditions.
Trepp also highlighted the explosive growth in CRE CLO issuance, noting that 17 deals totaling $17.17 billion represented ...
Wells Fargo downgraded KLA from Overweight to Equal Weight despite raising its price target from $870 to $920. Analysts cited ...
Raymond James downgrades the bank’s stock by two notches, and upgrades U.S. Bancorp shares, as regional banks gain favor ...
Wells Fargo downgraded semiconductor equipment maker KLA ( NASDAQ: KLAC) to Equal Weight from Overweight. However, the firm increased the price target on the stock to $920 from $870. Shares of KLA ...
Gains in the stock already reflect the removal of a cap on the bank’s asset base, analysts at Raymond James say.
With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1 ...
Wells Fargo (WFC) said its profit fell in the third quarter, weighed down by higher funding costs for customer deposits. Net interest income—which reflects the difference between what banks earn ...
Wells Fargo's Chief Financial Officer Michael Santomassimo told reporters on Friday morning that the “pace of change” for customers shifting cash to get higher rates “has slowed now ...
Wells Fargo urges investors to steer clear of one asset and shift to US stocks. Find out what they’re avoiding—and if you should follow their lead.