County Wells Financial News

14.12 / 15:04

Target Cardinal Health shares tumble after Wells Fargo warns of Optum concerns

Cardinal Health (NYSE:CAH) shares plunged Thursday after the stock was initiated with an Underweight rating and $96 per share price target at Wells Fargo.

14.12 / 14:29

Citi Target economy Analysts react to dovish Fed as S&P 500 breaks 4700, 10-year yield falls below 4%

The S&P 500 Index gained 1.4% on Wednesday following the Federal Reserve's more dovish than expected commentary on monetary policy.

14.12 / 14:28

FIVE Fighting Align analyst Veteran analyst upgrades 5 bank stocks thanks to Powell

Amid news from the Fed yesterday that its fight against inflation is over, veteran bank analysts at Odeon Capital upgraded five bank stocks from Hold to Buy — Bank of America (BAC), Wells Fargo (WFC), U.S. Bancorp (USB), PNC Financial Services (NYSE:PNC), and Truist Financial Corp. (NYSE:TFC).

12.12 / 16:27

economy Moodys Experts concert information reports Here's the inflation breakdown for November 2023 — in one chart

Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of price pressures throughout the U.S. economy, experts said.

11.12 / 22:31

reports More Wells Fargo execs follow Kowach to startup

David Kowach’s new firm, &Partners, continues to add management talent from his former employer, Wells Fargo & Co., where he was head of the brokerage group until 2019.

11.12 / 15:57

JPMorgan Action Racing Citigroup track 2020 reports Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination

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11.12 / 13:53

Citi ByteDance TikTok Humana Cigna reports recommendations fall Premarket movers: Macy's, Cigna climb; Sea Ltd ADRs fall

Investing.com — U.S. stock futures were little changed on Monday as investors geared up for the Federal Reserve's upcoming two-day policy meeting later this week.

08.12 / 15:53

Citi Action Citigroup show Inside reports Investment banks and the scourge of pre-Christmas job cuts

It happens every year, but this Christmas especially there are a lot of people in banks staring at their screens, dreading an unexpected invitation to a meeting with line manager, at which a member of the HR team also happens to be in attendance. In the words of one Citi trading insider, the next few weeks could be «brutal.»

08.12 / 01:39

Provident FIVE Digital Career Deloitte show country Indian talent gets senior-level roles as GCCs mushroom

Global Capability Centres (GCCs) in the country has led to a 40-50% increase in the number of global and senior level roles based out of India in the last five years, numbers sourced by ET show. On an overall basis, an estimated 300,000-400,000 jobs are likely to be created in the GCC sector in the next 2-3 years, according to Deloitte estimates. In the fourth and concluding part of the Global to Local series, ET looks at the maturity and cultural shift of the talent ecosystem of GCCs and how it is driving the shift towards more global roles within Indian GCC leadership.

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.

05.12 / 14:11

Booking CEO country Costs Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

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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.

02.12 / 01:02

CEO Tesla awards performer 2020 Ex-Wells Fargo CEO sues bank for $34 million in withheld pay, stock

By Daniel Wiessner

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