Hints and tips:
...“The financing gap is staggering, it’s trillions, but you don’t hear about trillions coming into the continent, it’s just trickling in,” Hassatou Diop N’Sele, vice-president of the African Development Bank...
...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....
...Some of the world’s biggest banks — Morgan Stanley, Wells Fargo and Bank of America — are all reportedly lining up to get involved in bitcoin, too....
...The Wells Fargo Investment Institute has five hot ideas for your portfolio this year....
...Wells Fargo’s $33bn portfolio of office real estate loans....
...The move is the latest attempt by JPMorgan to beef up its legal wealth management business after two decades of trying to break the grip of Citi in New York, as well as that of Wells Fargo, which dominates...
...So you get a situation where a bunch of rich people sit in rooms with other rich people. Their lives are getting better and better....
...love a fee-rich fad....
...And here’s what I’m keeping tabs on today and over the weekend: Results: Several large US banks report annual results today, including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America....
...Fargo Q3 World events Finally, here is a rundown of other events and milestones this week....
...Wells Fargo is setting aside as much as $1bn for “unanticipated” severance costs in the fourth quarter of this year....
...predominantly for his impasto-rich paintings....
...“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....
...And it’s happening at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. Analysts estimate that this pileup of bad debt will drag down the fourth-quarter earnings for these banks....
...In the e-broker space, I was constantly being told, ‘well, Merrill Lynch is going to eat their shorts once they get technology resources too’, or that Wells Fargo was going to do it or someone....
...Great governments need character and leadership as well as values and a mission....
...The second is a revival of a “Buy American” policy which includes funding provisions, as well as trade and immigration policies that favour US companies and workers and reduce the inflow of foreign goods...
...Red-state treasurers blacklisted big financial groups including BlackRock, Goldman Sachs, State Street and Wells Fargo....
...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...
...Profits at rival Citibank were up 2 per cent to $3.5bn while at Wells Fargo they rose 60 per cent to $5.8bn. BlackRock, the world’s biggest asset manager, reported profits up 13 per cent to $1.6bn....
...Fargo analysts wrote on Monday....
...This morning, some of the biggest US banks reported their first-quarter profits, and JPMorgan, Citigroup and Wells Fargo have confounded pessimistic expectations....
...As well as his vineyard, Collardi has, in 24 months, struck out in a range of new directions....
...Investors said the three banks plus Goldman Sachs, JPMorgan Chase and Wells Fargo are being hurt by predictions that profits will be squeezed....
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