Wells fargo Stories
TIAA-CREF To Buy Nuveen Investments For $6.25 Billion
The deal will add more than $221 billion in assets to TIAA-CREF's roughly $569 billion in assets under management.
Wells Fargo Quarterly Earnings Beat Estimates, Company Sets Aside Less For Bad Loans
The company's lower loan loss provision is yet another data point regarding a growing housing market, and an expanding U.S. economy.
US Stock Futures Suggest Weak Opening After Thursday's Rout; Day's Moves Could Be Influenced By PPI, Consumer Sentiment Data And Bank Earnings
Value-buying could stem losses while quarterly earnings of major banks, and data on PPI and consumer sentiment could influence moves.
Wells Fargo & Co (WFC) Earnings Preview: Q1 Profit Up On Cost Cutting; Mortgage Business Continues To Slow
The company is right-sizing its business to align it with its new, more-modest revenue outlook.
US Banks Must Boost Capital Levels By $68B And Change Their Leverage Ratio Under New Rules
Inadequate U.S. bank regulations helped trigger the 2008 global financial crisis - the free world's biggest crisis since the Great Depression.
Citigroup To Settle Claims With Investors By Paying $1.13B Along With An Additional $100M Charge
Further, Citi last year agreed to pay $730 million to resolve claims that it did not reveal its exposure to toxic mortgage assets.
Earnings Preview: Alcoa (AA), Wells Fargo (WFC), JPMorgan Chase (JPM)
Aluminum giant Alcoa Inc. kicks off first-quarter earnings season next week, followed by end-of-week results from JPMorgan Chase and Wells Fargo.
Bank of America Near Credit Card Deal With Regulator
Bank of America could pay more than $800 million to settle the allegations against it.
Citigroup, 4 Other Banks, Barred From Increasing Shareholder Payouts As Fed Rejects Their Capital Plans
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
Bitcoin Slam: Robert Shiller, Jack Lew And JPMorgan CEO Jamie Dimon Speak Out Against The Virtual Currency
WEF experts marvel at the bitcoin buzz but say the virtual currency is too perilous to last.
Earnings News: Bank of America Corp. (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC) [VIDEO]
Bank of America Corp. stock rose over 2 percent on Wednesday after the bank reported strong fourth-quarter earnings of $3.44 billion.
Wells Fargo & Co (WFC) Profits Up 11% In Q4 Thanks To Job Cuts, Higher Net Interest Income, Fees
Here's how the country’s biggest mortgage lender beat analysts' expectations despite lower mortgage revenue.
Wells Fargo & Co (WFC) Q4 Earnings Preview: Picking Low-Hanging Fruits
Wells Fargo is expected to post its 16th consecutive quarter of EPS growth, but how can it do so on declining revenue?
US Stock Futures Suggest Mixed Opening As Major Bank Results Lead Earnings Season This Week; Monthly Treasury Budget Due
It’s the beginning of a new quarter -- a time to assess how companies did in the previous one. In other words: earnings season.
Apple Stock Downgraded: Wells Fargo Analyst Lowers Stock From 'Outperform' To 'Market Perform'
Wells Fargo analyst Maynard Um told Street Insider that there are three major concerns about Apple.
Edward Jones Scores The Highest On Annual Report Card Of Financial Service Firms
The firms ranked the highest may surprise you.
Attorney General Eric Holder Targets More Bank Prosecutions Using The J.P. Morgan Case As A Model
The U.S. plans to prosecute several big banks in 2014 for mortgage fraud, Attorney General Holder says.
The $100 Billion Mistake: Bank Of America's (NYSE:BAC) near $50 Billion Contribution Moves American Banks Closer Towards The Milestone Mark For Payments And Fines
JPMorgan might be the poster child for bad bank behavior, but another big financial firm has paid out way more in fines.
Earnings Preview: Bank of America Corp (BAC), Goldman Sachs Group Inc (GS), Morgan Stanley (MS) [VIDEO]
Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley report fiscal third-quarter earnings this week.
Earnings News: JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC) [VIDEO]
JPMorgan Chase & Co. and Wells Fargo & Co. reported fiscal third-quarter earnings on Friday.
Citigroup Inc. (C) Earnings Preview: Third-Quarter EPS Seen Flat As Mortgage Business Slowed
Citigroup to post results on Monday that reflect weakening mortgage business after rate jump.
Wells Fargo & Co (WFC) Earnings Preview: Q3 Profit Up On Reserve Release, Cost Cutting; Mortgage Business Slows
To hand in a decent report card, Wells Fargo may dip into the money it had previously set aside in tougher times to cover bad loans.
Banks Have Been Fined Nearly $3 Billion By The SEC And Have Spent $66 Billion On Litigation, But One Major Bank Hasn't Paid A Dime And Expects To Pay $0 In Litigation This Year
In three and half years, banks have paid around $66 billion in litigation costs, and that number looks to grow.
Philadelphia Flyers Fans Watch Paint Dry, Set Fake Guinness World Record At Wells Fargo Center [PHOTO]
About 195 Philadelphia Flyers' fans gathered at the Wells Fargo Center to ostensibly set a Guinness record for the most people to watch paint dry at one time.
21st Century Fox (FOXA) Q4 Earnings Preview 2013: Profits Up For News Corp.’s Final Combined Report
Fox is expected to post higher profits on Tuesday in the final report for the combined News Corp., which spun off its publishing segment.
Does Wells Fargo's Emergence As World's Largest Bank By Market Capitalization Indicate A Shift In US-China Balance Of Power
Wells Fargo has overtaken China's ICBC as world's largest bank by market capitalization.
Wal-Mart Loses Top Spot Among Corporate Donors As Wells Fargo Takes Lead
Wells Fargo donated more cash to charities than Wal-Mart for the first time in seven years.
U.S. Stocks Flat Despite JPMorgan, Wells Fargo Earnings As Investors Weigh Consumer Sentiment [VIDEO]
Wall Street struggled for direction at the open Friday despite upbeat earnings reports from JPMorgan Chase & Co (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC).
JPMorgan Chase (JPM) Q2 Earnings Preview 2013: A Year After The London Whale Threatened To Drag It To The Bottom, JPMorgan Looks To Make A Splash Of Its Own As Second Quarter Results Are Released On Friday
For the 4th consecutive quarter since the London Whale debacle, JPMorgan Chase is likely to post increasingly strong profits.
Pearl Jam Announces Fall North American Tour: List Of Dates & Cities
Rock icons Pearl Jam have unveiled a full docket of 2013 North American tour dates.