Hints and tips:
Related Special Reports
...But only a handful including Barclays and Wells Fargo include lending and capital markets activities in their target for cutting their carbon footprints from the oil and gas sector on an absolute basis as...
...Abigail Herron is head of ESG and strategic partnerships at Aviva Investors Over the past decade, business schools have increasingly equipped students to understand how systemic risks — such as environmental...
...Now try this I have finished Bad Actors, which sadly brings me up to date with Mick Herron’s Slough House novels. It was gripping and the parody of Dominic Cummings is incredibly well-observed....
...Wells Fargo shares closed 1.4 per cent lower in New York on Tuesday, as the S&P 500 dropped 0.1 per cent....
...Wells Fargo said in a statement: “Compensation decisions are based on performance, and we stand behind our decisions in this matter.”...
...Organisers say that workers at several of Wells Fargo’s corporate offices are also interested in forming unions. The votes cover a very small fraction of Wells Fargo’s overall workforce....
...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....
...Wells Fargo has partnered with asset manager Centerbridge to launch a $5bn private credit fund that will lend to midsized US companies, as banks race to find a toehold in the rapidly growing private credit...
...Please tell us if think the Wells Fargo asset cap will be lifted in the comments section below....
...But it jumped 34 per cent at JPMorgan to $89.7bn, more than double the increase of the next bank, Wells Fargo, which reported a 16.5 per cent rise....
...Fargo and JPMorgan....
...Last week, Wells announced that it had hired Thomas Nides, a former top executive at Morgan Stanley, to be its new head of public affairs. Related and Wells Fargo declined to comment....
...Wells Fargo alone said it spent more than $1bn on unexpected job cuts in the fourth quarter....
...“The financial health of our consumers remains strong,” Wells chief executive Charlie Scharf told analysts....
...British bank HSBC and US lender Wells Fargo are bucking that trend, having partnered in 2021 to use blockchain to settle foreign exchange transactions between them....
...Last year, Wells Fargo signed a deal to lend billions to a new credit fund run by Centerbridge, a $40bn private equity firm that led the buyouts of restaurant chain P.F....
...Lloyds and Wells Fargo make an interesting comparison, and again Lloyds is tempting....
...Banks that have issued bonds since the start of 2024 include JPMorgan, Wells Fargo and Morgan Stanley, raising $8.5bn, $8bn and $6.75bn respectively....
...Several banks, including Barclays and Wells Fargo, have partnered with asset managers to establish a toehold in private credit....
...Wells Fargo last month said it was setting aside $1bn for severance costs in the fourth quarter....
...Its price to book value of nearly 3 times trumps that for mortgage-heavy Wall Street banks like JPMorgan, Bank of America and Wells Fargo. But Rocket doesn’t have appreciably higher return on equity....
...All of the nation’s largest lenders, including Bank of America, JPMorgan and Wells Fargo, submitted letters, none of which discussed share buybacks or dividends....
...In 2021, JPMorgan leapfrogged Wells Fargo as the bank with more branches than any other in the US....
...You’ve got the very, very biggest banks, JPMorgan, Bank of America’s Wells Fargo that have been making a lot of money....
...In recent years, banks have sought to re-establish their presence in the market, with lenders including Barclays and Wells Fargo setting up partnerships with asset managers to do so....
International Edition