Hints and tips:
...They eventually result in lower funding costs as the overnight federal funds rate comes down, according to Marty Mosby, an analyst at Vining Sparks....
...Last week’s grilling of the Wells chief on Capitol Hill did not have the same visual drama of September 2016, when Mr Sloan’s predecessor, John Stumpf, was put through the wringer....
...John Shrewsberry, chief financial officer, said further disposals could be on the horizon....
...Marty Mosby, analyst at Vining Sparks, said: “They’ll be softly asking clients to find other places to park their deposits . . . It’s just something that they do for them as a service.”...
...Investment banking’s fight with the M&A team “No strawberries for lunch,” Sidney Weinberg used to tell his son, John....
...“The issues don’t go away because Tim Sloan is a different person now leading the company,” as Marty Mosby, analyst at Vining Sparks, put it....
...Chief executive John Fallon admitted he had got “two big calls wrong” on college enrolment in the US — a key driver of demand for its printed and digital textbooks....
...Under chief executive John Stumpf, the strategy has been a particularly important part of the business model at Wells Fargo....
...However, Marty Mosby, a banks analyst at Vining Sparks, said: “You’re not getting much of the bounce that you would expect to see at this time of year.”...
...Asset focus There is no sense from John Stumpf that momentum is flagging....
...A grand welcome for a grandly titled man – except that Alderman Brewer stood down in the autumn and was replaced by Alderman John Stuttard....
...And the Vining Broom company was bought up, moved out of town and closed in the space of a decade....
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