Hints and tips:
...Alexander Watts, a Wells Fargo employee in St Louis who has been involved in the union, said he hoped that his colleagues in Albuquerque would inspire other bank workers to unionise too....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...Wells Fargo’s bank analyst Mike Mayo has a well-deserved (if not entirely unblemished) reputation for being an unusually acerbic member of the “great quarter guys!” industry....
...Earnings at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were up 23 per cent according to BankRegData, which collates quarterly reports from lenders to the Federal Deposit Insurance Corporation...
...The Wells Fargo Investment Institute has five hot ideas for your portfolio this year....
...In 2016, Estonia’s national bank issued coins with Keres’s name and portrait to commemorate his centenary. Puzzle 2552 Keres v Laszlo Szabo, Budapest 1955. White to move and win....
...Fargo Q3 World events Finally, here is a rundown of other events and milestones this week....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...It is a weekend well-worth the 2h drive from town — if you’re lucky enough to score tickets....
...Fargo analysts wrote on Monday....
...The nation’s four largest lenders — JPMorgan Chase, Bank of America, Wells Fargo and Citigroup — hold about 45 per cent of all bank deposits in the US, but represented less than 10 per cent of the outflows...
...Analysts estimate JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to report collective net interest income for the final three months of 2022 of almost $60bn, up 30 per cent year on year, according...
...As always you can reach me at sid.v@ft.com....
...Diller added that “because of the timing, we immediately told our lawyers to preserve everything because we were sure somebody would say, ‘Well, how could this be such a coincidence?’...
...Job moves Wells Fargo has appointed Tim O’Hara as head of banking for its corporate and investment bank....
...prominent newspaper; or senior executives at a DAX 30 company were lying to prosecutors, as well as some of Germany’s most prestigious banks and investment houses....
...The US president announced last month he intends to appoint Saule Omarova as comptroller of the currency, which supervises national banks including Bank of America and Wells Fargo....
...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?...
...The EU has gone through a decade of demand stagnation, performing well below its productive potential....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...This is not a normal recession.” Provisions were higher in the US than in Europe, with more than $57bn across JPMorgan, Wells Fargo, Citigroup and Bank of America alone....
...He said he expected dividend payments to largely be flat overall this year, and a dividend cut is already factored into Wells Fargo’s share price....
...(FT, Reuters) The day ahead Bank earnings Profits are expected to take a hit at Goldman Sachs, Bank of America and Wells Fargo on Wednesday....
...But a lengthy cycle of loan losses and business failures remains a legitimate risk scenario (just look at the initial reaction to the results from Wells Fargo)....
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
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