Wells Fargo stock soars to all-time high of $78.33
Company's stock has reached an unprecedented peak, setting an all-time high of $78.33. This milestone underscores a period of ...
Wells Fargo exits consent order. Is more regulatory progress coming?
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
Wells Fargo Is Well-Positioned for the Upcoming Year; We're Increasing FVE to $65
We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
Wells Fargo clears one penalty, but its asset cap remains in place
While Wells Fargo has now cleared this consent order, a $1.95 trillion asset cap imposed on it in 2018 by the U.S. Federal Reserve continues to hang over the bank. The cap was in response to alleged ...
HSBC plans biggest investment banking retrenchment in decades
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
AFP5d
Venture Global, Inc. Announces Pricing of its Initial Public Offering
Venture Global, Inc. (“Venture Global”) announced today the pricing of its initial public offering of 70,000,000 shares of its Class A common stock, par value $0.01 (“Class A common stock”) at a ...
Marketplace6d
Consumers are still strong, despite rising debt delinquencies
Though many households are faltering on credit card and auto loan payments, wealthier Americans keep overall spending metrics ...
RBC revises Wells Fargo shares outlook citing stronger-than-expected Q4 results
RBC Capital Markets adjusted its price target on Wells Fargo & Company (NYSE:WFC), increasing it to $80 from the previous $72 ...
Wells Fargo price target raised to $80 from $72 at RBC Capital
RBC Capital raised the firm’s price target on Wells Fargo (WFC) to $80 from $72 and keeps a Sector Perform rating on the shares as part of its ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
The Globe and Mail13d
RBC’s four top REIT picks and Citi offers some hope for the loonie
RBC Capital Markets analyst Pammi Bir published a look ahead to 2025 for REITs and emphasized four top picks, Scotiabank analyst Ovais Habib expects significant profit margin growth for precious ...