Hints and tips:
Related Special Reports
...The second-biggest cutter of 2023 was Wells Fargo, which this month revealed it had lowered its global headcount by 12,000 to 230,000....
...The election was overseen by the National Labor Relations Board. “We respect our employees’ rights to vote for union representation,” Wells Fargo said in a statement....
...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...
...Larger banks such as JPMorgan Chase, Bank of America and Wells Fargo also saw their profits fall in the final quarter of 2023....
...by Nippon Steel Results: BlackRock Q1, Citigroup Q1, JPMorgan Chase Q1, State Street Q1, Wells Fargo Q1 World events Finally, here is a rundown of other events and milestones this week Monday UK: Northern...
...Citi and Wells Fargo also recorded drops in lending. The pullback in lending hit JPMorgan Chase particularly hard....
...In 2021, JPMorgan leapfrogged Wells Fargo as the bank with more branches than any other in the US....
...So that’s basically for big banks that take in lots of deposits like JPMorgan or Wells Fargo. That’s really where they make a lot of their profits from....
...Lloyds and Wells Fargo make an interesting comparison, and again Lloyds is tempting....
...“If Jamie Dimon left tomorrow, I do think the stock would decline 5 per cent,” said Mike Mayo, a longtime banking analyst at Wells Fargo who is known for sparring with bank executives in earnings calls....
...Here’s what else I’m keeping tabs on today: Earnings: The major US banks begin reporting earnings today, with JPMorgan, Citi and Wells Fargo all updating investors....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...Wells Fargo has hired Derek Van Zandt from Citigroup to lead media and telecommunications banking, Bloomberg reported....
...He will join the panel on a two-year secondment from the bank beginning in May. Wells Fargo has named Doug Braunstein as a vice-chair....
...BlackRock, Citigroup, JPMorgan Chase, Wells Fargo, BNY Mellon and Bank of America will all report fourth-quarter figures on Friday....
...The latest bank looking to crack into private credit is Citigroup. It follows the likes of JPMorgan Chase, Barclays, Rabobank, Wells Fargo, Société Générale and Deutsche Bank....
...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...
...In the past year delinquent commercial property debt for the six big banks — JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley — nearly tripled to $9.3bn....
...(FT) Allen & Overy rolls out AI contract negotiation tool in challenge to legal industry (FT) Wells Fargo branch workers vote to form union in a first for major US bank (FT) Barclays agrees deal to stay...
...GTCR, which won higher ratings for its purchase of a majority stake of payments technology business Worldpay, meanwhile tapped banks including JPMorgan, Goldman, Citi and Wells Fargo when it borrowed $8.65bn...
...BNP Paribas has appointed 10 bankers to senior roles including Wells Fargo’s Vanessa Dager to lead M&A in North America....
...Wells Fargo has named Frederick Terrell as vice-chair of investment banking, based in Los Angeles. He joins from Centerbridge Partners....
...Housing market: US home builder confidence is expected to be in positive territory for the second straight month, taking the National Association of Home Builders/Wells Fargo housing market index to 56 from...
...Chart of the day Results from four of the US’s largest banks on Friday — JPMorgan Chase, Bank of America, Citigroup and Wells Fargo — showed their lending businesses benefited significantly from higher...
International Edition