Hints and tips:
...just Wells Fargo as wrongly stated in an article on January 23....
...Tolstedt, the only banker at any level at Wells Fargo who was charged criminally in connection with massive fraud, faced as much as 16 months in prison. In March, in a deal with the U.S....
...The Wells Fargo Investment Institute has five hot ideas for your portfolio this year....
...Exits in targeted non-U.S. markets are mostly done (9 of 14) and with line-of-sight on the rest....
...Those net zero U-turns could also raise household bills, according to the parliament’s Climate Change Committee....
...The days ahead Bank earnings JPMorgan, Morgan Stanley, Citigroup and Wells Fargo will report earnings before the opening bell....
...We saw Bank of America yesterday, but we also saw JPMorgan and Wells Fargo last week who reported better-than-expected earnings....
...Shortly after the U-turn, it emerged that Wells Fargo had asked what it said was a small number of employees to remove the app from their devices....
...In the California gold rush, Wells Fargo was a courier company; it is now one of the largest US banks....
...(FT Globetrotter) News round-up AT&T nears deal with TPG to sell minority stake in DirecTV, U-verse at $15bn valuation (CNBC) Carlyle’s Lee Aims to raise $130bn while ‘thinking bigger’ (BBG) Wells Fargo...
...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....
...The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...Or does a U, W — or dreaded L — shape loom instead? That is the question preoccupying many investors — particularly since the equity markets have recovered with a remarkable V shape....
...At this juncture of the pandemic, market debate leans more towards a slow recovery, dubbed a U or a W, rather than a V-shape rebound....
...US sanctions were a decisive factor in the U-turn, making Huawei too high a risk. The FT View is that the about-face is correct....
...That reversal, which came over the span of a week, was triggered by the Federal Reserve’s U-turn on monetary policy on March 20 and new forecasts for no interest rate rises this year, all but scotching a...
...Wells Fargo is expected to report a slightly lower first-quarter profit compared with the same quarter last year....
...US earnings First-quarter earnings season unofficially gets under way next week when JPMorgan and Wells Fargo report results on Friday....
...(BBG) News round-up Wells Fargo/Eastdil: private property (FT) Renault investors rush to sign up for carmaker’s annual showdown (FT) Wells Fargo CEO search drags on as two top candidates take a pass...
...Amazon’s U-turn showed that local people in poorer communities would not automatically welcome outside investors seeking tax benefits....
...Indeed, Berkshire Hathaway, the conglomerate run by Mr Buffett, made a symbolic U-turn in 2016 by betting on Apple, which was comfortably the portfolio’s largest holding at the end of September, at $58bn...
...From a note earlier this month: While some expect the recent changes to the U.S. corporate tax code to encourage companies to moderate the use of debt, we do not share that opinion....
...For another illustration, note that current top picks for generating the most anger include Twitter, Facebook and Wells Fargo....
...The scandal also significantly increased pressure on the government to perform a U-turn, prompting the current royal commission examining the industry....
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