Hints and tips:
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...Capital One, Citigroup, Wells Fargo, Synchrony Financial and Santander You’ve built out a system to manage fraud risk, do you want to do credit risk as well?...
...In the US, $9.5bn of credit charges — including loan loss provisions — pushed Wells Fargo to a $2.4bn loss, while profit fell more than 50 per cent at Citi, Bank of America and JPMorgan....
...Meanwhile, 10bis (predominantly B2B brand in Israel) is still lagging behind due to increased work from home, as well as Romania and Bulgaria where the share of own delivery is higher than average....
...Once again, Wells Fargo is in trouble....
...(FT) Shareholders rebel at Wells Fargo Directors at Wells Fargo were in the line of fire for their alleged lack of action over illegal practices at the bank during a turbulent board meeting on Tuesday night...
...In six similarly-worded suits, filed on Wednesday at the Supreme Court in New York, the investors alleged that the banks – which also include Citigroup, Bank of New York Mellon, US Bancorp and Wells Fargo...
...This was expected but it’s still a potentially damaging blow to Bank of America, Wells Fargo, JP Morgan Chase, Citi, and GMAC, and to a housing recovery that is yet to even begin....
...However, he was prepared to invest in banks at the right price, obtaining 10 per cent of Wells Fargo for less than $300m in 1989 and 1990, helped by what he called “a chaotic market in bank stocks”....
...In the US, the carnage is well under way....
...Wells Fargo, for example, announced its best quarterly earnings ever....
...To parents, we can’t tell our kids to do well in school and fail to support them when they get home. For our kids to excel, we must accept our own responsibilities....
...Countrywide Financial Corporation, et al is ostensibly brought on behalf of purchasers of such CWALT, Inc. mortgage pass-through certificates, as well as various other mortgage-backed securities registered...
...In November, the list of plaintiffs at the twice monthly sale included HSBC Home Mortgages, Wells Fargo, Bank of America and Deutsche Bank....
...off the al-Qaeda radar - lapped up the strong-man stuff and delivered Bush a second term.)...
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