City Fargo, county Wells Financial News

07.12 / 21:01
Headlines Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It's one of three industry developments that impact Wells and our other bank name, Morgan Stanley (MS).
07.12 / 15:45
Provident Target Strategy economy reports 2024 Wells Fargo says 2024 will be a ‘pivotal year’ for markets and economy
Investors should be ready for a year of two halves in 2024, with a challenging first half followed by rising potential once summer arrives.
06.12 / 21:33
Digital CEO JPMorgan Remark Solomonic Actor Bitcoin JPMorgan Chase CEO Jamie Dimon on Crypto: “If I was the government, I’d close it down”
JPMorgan Chase CEO Jamie Dimon delivered scathing remarks about the crypto industry during testimony at a Senate Banking Hearing Wednesday.
06.12 / 11:54
Citi CEO economy Nov cover reports Department Credit card spending by Americans is 'losing steam'
Storch Advisers CEO Gerald Storch discusses the retail industry and consumer health on ‘Varney & Co.’
06.12 / 00:49
CEO JPMorgan economy Citigroup show country Wall Street banks warn lawmakers about new regulations
Smead Capital Chief Investment Officer Bill Smead discusses which stocks could be big winners in 2024 on Making Money.
05.12 / 22:51
Wells Fargo’s indy group, FiNet, bumps up fee for big advisors
Just as Wells Fargo Advisors is working to boost its head count, its independent advisor arm is increasing a fee for financial advisors with larger amounts of assets.
05.12 / 16:45
Cap on Wells Fargo assets will cause pain eventually, Scharf says
Wells Fargo Chief Executive Charlie Scharf said the Federal Reserve’s asset cap isn’t doing much to limit his bank’s activities at the moment but he expects it will in the future. 
05.12 / 15:31
ESG funds Article 9 Impax AM launches first Article 9 social equity strategy
CEO Ian Simm (pictured) told Investment Week about the firm’s plans to launch a social themes equity strategy earlier this year.
05.12 / 14:19
Target Albemarle show performer reports gatherings prevention analyst Lululemon Athletica gets one more downgrade ahead of Q3 report: 4 big analyst cuts
Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Lululemon Athletica, Albemarle , Toro, and STAAR Surgical.
04.12 / 21:37
Extreme CEO Platform Dreams President Indiana-based hybrid hires former Wells Fargo exec
John Peluso, who spent 35 years at Wells Fargo and its predecessor firms beforeretiring in September, has joined an Indiana-based hybrid advisory firm, Thurston Springer Financial, as executive vice president and partner.
01.12 / 14:27
Target Reuters JPMorgan economy Citigroup show 2024 Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some major banks expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world's two largest economies.
01.12 / 10:41
reports surges Elastic surges 18% as AI boost yields beat and raise quarter, analysts upgrade
Elastic N.V. (NYSE:ESTC) shares jumped more than 18% pre-open Friday after the company reported Q2 results, with EPS of $0.37 coming in better than the consensus estimate of $0.24.
01.12 / 10:23
Digital CEO Strategy Enterprise President country reports Persistent Systems expands top leadership, sets up consulting practice
Persistent Systems has appointed four new executives to its top leadership as it aims to scale up its digital business operations after doubling its revenue to cross $1 billion revenue in March 2023. The Pune-based firm has hired former Wells Fargo executive Sumit Arora as Senior Vice President to help the firm set up and drive the Consulting practice.
01.12 / 00:37
Provident Platform Citigroup ADP Raymond James nabs California advisor from Morgan Stanley
A California advisor who managed $197 million in client assets at Morgan Stanley has jumped to Raymond James & Associates, the firm’s employee channel, Raymond James announced Thursday.
30.11 / 13:15
Target Reuters JPMorgan economy Nov show 2024 Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some major banks expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world's two largest economies.
29.11 / 22:57
Waves CEO JPMorgan President reports Wells Fargo loses another executive, this time to LPL
Another senior executive has left the wealth management group at Wells Fargo & Co., the giant bank that has been overhauling its financial advice business since Charlie Scharf took the reins as CEO in 2019.
28.11 / 08:01
economy show 500 Wells Fargo sees economic 'soft patch' capping further S&P 500 gains
Wall Street week ahead: Investors eye key US economic data, OPEC+ meet While the US economy is slowing, it has not deteriorated enough to justify the Federal Reserve beginning to cut interest rates, the firm noted. As a result, the economy will likely suffer from the squeeze of tighter credit longer than markets appear to anticipate, it said.

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