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...Workers at a Wells Fargo bank branch in Albuquerque on Wednesday voted to form a union, making them the first employees of a major US bank to unionise in the latest sign of the resurgence of the labour movement...
...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....
...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....
...The Wells Fargo Investment Institute has five hot ideas for your portfolio this year....
...“[He] is in a league of his own given the sheer magnitude of stock that he owns,” said Mike Mayo, a banking sector analyst at Wells Fargo....
...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....
...On average, around one in every seven directors at Bank of America, Goldman Sachs, Wells Fargo, Morgan Stanley and JPMorgan has ties to a company identified by Climate Action 100+ as a top global polluter...
...It is a weekend well-worth the 2h drive from town — if you’re lucky enough to score tickets....
...Fargo analysts wrote on Monday....
...In fact, the process of creeping fossilisation is already well under way. Dignified civic landmarks have already become temples of hedonism. Lutyens’ Midland Bank was one of the first to go....
...It identified an increase in use of the terms to describe bank Wells Fargo between 2009 and 2013, a period that corresponded with fraudulent financial activity by employees....
...In April, Wells Fargo, which originates more mortgages than any other US bank, laid off nearly 200 loan processors and their managers, blaming “cyclical changes in the broader home-lending environment”....
...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...
...Guidi believes that Trieste is currently well placed to attract investments “in all kinds of fields… it’s international, it’s a melting pot, it’s smart and innovative, it can be elegant or rock ’n’ roll...
...The company, whose technology is used by banks including Wells Fargo, scans users’ faces as a password for mobile services. It is currently a subsidiary of Ant-owned Zoloz Global....
...Finally, congratulations to Roger Federer, who called time on a stunning tennis career in London last night. Read the FT’s report here....
...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?...
...In the red corner: Chegg, a glossy “edtech” upstart, based in Silicon Valley, led by well-connected former Yahoo executive Dan Rosensweig....
...“We are seeing supply issues remain more ingrained than any of us expected,” said Sarah House, senior economist at Wells Fargo, noting that disruptions related to the Delta variant of the coronavirus are...
...Mike Mayo, bank analyst at Wells Fargo, called the appointment “another data point showing that JPMorgan is a CEO manufacturing machine” — referring to the fact that banks including Barclays, Standard Chartered...
...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....
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