City Fargo, county Wells Financial News
23.03 / 15:49
International
Wells Fargo names Jim O’Neill to lead international trading unit
Wells Fargo has promoted an executive to lead its markets business outside of the US, a newly-created role that is part of a broader shake-up of its sales and trading unit.
23.03 / 14:25
Citi
Career
Wells Fargo’s EU chief on how Brexit transformed her career
When, after nearly two decades in top Wall Street and City roles, Fiona Gallagher moved back to Dublin to lead Deutsche Bank’s Irish operation, she had an idea of how it would pan out.
22.03 / 18:29
Credit Suisse reshuffles board after turbulent year
Credit Suisse Group said it will reshuffle its board again after a turbulent year.
22.03 / 10:03
Citi
Career
Wells Fargo’s EU chief on how Brexit transformed her career
When, after nearly two decades in top Wall Street and City roles, Fiona Gallagher moved back to Dublin to lead Deutsche Bank’s Irish operation, she had an idea of how it would pan out.
21.03 / 18:01
Credit Suisse reshuffles board after turbulent year
Credit Suisse Group said it will reshuffle its board again after a turbulent year.
19.03 / 01:43
Twitter
Digital
Ripple
Platform
New report suggests RippleNet as an alternative to SWIFT for the Arab world
Ripple, the fintech firm runs its platform, RippleNet, which allows anyone to send and exchange cryptocurrencies or make cross-border transactions. This emerged as a direct competitor to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking system.
17.03 / 13:23
Blockchain
Digital
HSBC
HSBC Enters Metaverse Space through Collaboration with the Sandbox
HSBC Bank announced Wednesday a partnership with The Sandbox, a blockchain gaming platform, to build its presence in the Hong Kong-based company’s metaverse.
16.03 / 15:01
05.03 / 00:27
COST
UPS
National
surges
Average national gasoline price surges to $3.83 a gallon, the highest since 2012
Gas prices are surging, with the national average now at the highest in nearly a decade. The rapid ascent is pinching consumers' pockets, and experts say there may be little end in sight.
03.03 / 02:35
NASDAQ
DOW
Stock futures inch lower as Russia-Ukraine tensions weigh
U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine.
02.03 / 21:43
Nearly Half a Million Families Are Hurt by the Child-Care Labor Shortage
A daycare worker shortage has left nearly half a million families without child care, according to a new report, keeping many parents at home and hindering the labor market.
02.03 / 16:39
27.02 / 16:33
HSBC
Wells Fargo hires HSBC dealmaker Free to lead commercial real estate in Europe
Wells Fargo has hired a senior HSBC dealmaker to lead a fresh expansion of its commercial real estate financing business in Europe.
26.02 / 08:27
HSBC
Wells Fargo hires HSBC dealmaker Free to lead commercial real estate in Europe
Wells Fargo has hired a senior HSBC dealmaker to lead a fresh expansion of its commercial real estate financing business in Europe.
25.02 / 12:31
HSBC
Wells Fargo hires HSBC dealmaker Free to lead commercial real estate in Europe
Wells Fargo has hired a senior HSBC dealmaker to lead a fresh expansion of its commercial real estate financing business in Europe.
18.02 / 23:25
business
Funding
Metaverse
Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16
Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook when it labeled the etaverse a $1 trillion a year opportunity.
17.02 / 02:19
NASDAQ
DOW
Stock futures are little changed as investors weigh earnings, Fed and geopolitics
Stock futures were little changed in overnight trading as investors digest corporate earnings reports, updates from the Federal Reserve and developments in the Russia-Ukraine conflict.
12.02 / 19:19
Blockchain
Digital
Ripple
CEO
‘High expectations within institutions’ for wide-scale crypto adoption in 2022
Recently, Wells Fargo had stated that cryptocurrencies could be hitting an “adoption inflection point,” comparing it to the internet adoption in the 1990s. In another report, examining crypto trends for 2022, Ripple has noted,
11.02 / 17:35
business
NASDAQ
kpmg
Wells Fargo
Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9
A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly convinced that crypto is a maturing asset class with long-term potential.
09.02 / 22:13
Ethereum
XRP
Cardano
Bitcoin
Price analysis 2/9: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) has recovered close to $44,000, indicating that the downtrend could be coming to an end. However, the price may not rally to the all-time high in a straight line. This means bulls are likely to face several hurdles in-between and the price action may remain volatile.
09.02 / 00:05
cryptocurrency
Adoption
Wells Fargo
Bitcoin
Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise new crypto investors to be patient, prudent, and careful.
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