Wells Fargo

Banks Report Strong Quarter Amid Market Surge

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Banks Report Strong Quarter

America’s largest banks are reporting a wave of robust earnings, powered by equity market gains, steady dealmaking, and surprisingly resilient consumer spending.Goldman Sachs, JPMorgan Chase, Wells Fargo, and Citigroup all described their latest quarterly results as “solid,” according to remarks shared Tuesday (Oct. 14). Investment banking revenues have rebounded sharply as mergers and capital markets … Read more

Wells Fargo Turns the Page: From Regulatory Recovery to Growth Ambition

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Wells Fargo Turns the Page

Four months after the Federal Reserve lifted its long-standing asset cap, Wells Fargo is signaling a strategic shift from regulatory remediation to sustainable growth and improved shareholder returns. During the bank’s third-quarter earnings call on Tuesday, Chairman and CEO Charlie Scharf emphasized that Wells Fargo has transformed into “a significantly more attractive company” since addressing … Read more