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The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation are reshaping back-end operations.
Q2 earnings season officially kicked off this morning as the big banks reported results. JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC), BlackRock (NYSE:BLK), and Citigroup (NYSE:C) all reported ...
Plus: Bank bosses say US economy holding up as profits rise, BlackRock sinks; Nasdaq hits record as Nvidia to resume China AI ...
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
Wells Fargo’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year growth outlook, offsetting profit and revenue beats.
JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.
Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company’s earnings, the change in interest rates ...
Analysts expect the Wood Dale, Illinois-based company to report quarterly earnings at $1.01 per share, up from 88 cents per ...
The Motley Fool. DATE Tuesday, July 15, 2025, at 10 a.m. EDT CALL PARTICIPANTS Chief Executive Officer — Charlie ScharfChief Financial Officer — Mike Santomassimo Need a quote from one of our analysts ...
Wells Fargo & Company (NYSE:WFC) is one of the Best Large Cap Value Stocks to Invest In. Raymond James downgraded the company ...
Wells Fargo (WFC) stock dipped 2.1% in Tuesday premarket trading after the bank trimmed its 2025 net interest income guidance ...
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