Hints and tips:
...Wells Fargo....
...First Republic Bank is down 17 per cent, Charles Schwab has slid 13 per cent, and Wells Fargo is off 6.2 per cent. First Republic and Wells Fargo are, notably, based in San Francisco....
...Banks with the biggest exposures to offices, listed by GS analysts below, have been providing more detail, but only a few have reported first-quarter results: Wells Fargo, for its part, gave investors a...
...“We were telling our clients to hold off, there was too much confusion,” says Jeff LeClair, an FT 400 listed adviser with Wells Fargo Advisors in McLean, Virginia, recalling his attitude to the scheme last...
...Deutsche’s fall from grace as a powerhouse M&A adviser is well known. The bank, which last year ranked ninth on M&A advisory work, has fallen out of the top 10, according to Dealogic....
...Wells Fargo has set out plans to deepen cost cuts as the embattled US bank tries to improve returns in the wake of the sham accounts scandal....
...Wells Fargo has laid down plans to close at least 400 branches over the next two years as part of a push to cut costs as the US bank tries to recover from the scandal over sham accounts....
...Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo were not affected, according to people close to the institutions....
...Bank of America Merrill Lynch, Citigroup, JPMorgan Chase and Wells Fargo Securities were leading the offering....
...Second, foreign banks have entered the market like Wells Fargo. Third, investment banks have returned....
...As a result, Wells Fargo achieved $1bn in savings with a significant portion attributed to its infrastructure efficiency effort....
...Petersburg, and may well have observed Western banking there. Nonetheless, the Shanxi banks were unique....
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