Hints and tips:
...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....
...Job moves Wells Fargo has hired Fernando Rivas to run its corporate and investment bank alongside Jon Weiss, The Wall Street Journal reports. He previously worked for JPMorgan....
...You’ve got the very, very biggest banks, JPMorgan, Bank of America’s Wells Fargo that have been making a lot of money....
.../ From JE Woods, Kingswood, Surrey, UK...
...of America Q4, Bank of New York Mellon Q4, BlackRock Q4, Citigroup Q4, Delta Air Lines Q4, HCL Technologies Q3, JPMorgan Chase Q4, UnitedHealth Q4, Vistry trading update, Wells Fargo Q4, Wipro Q3, Wood...
...UBS also forecasts 4,700 for the S&P 500 at the end of 2024, Wells Fargo has a target range of 4,600-4,800, which is a not-very fancy way of saying “4,700, probs, maybe, dunno”....
...The first indication of the hit to US banking from the financial turmoil this year will come with earnings reports this week: Citigroup, JPMorgan Chase and Wells Fargo all report on Friday....
...Robert Armstrong I think the banks are well capitalised. I think they’re pretty well reserved....
...“There is a problem with the Bretton Woods institutions and there is a need to reform these institutions.”...
...This month, US homebuilder confidence slipped for the first time this year according to an index compiled by the National Association of Home Builders and Wells Fargo....
...& Woods....
...The sober hall near the Bank of England, with its black-and-white-chequered marble floor and its dark wood counters now has the air of ancient Rome after the sack, with City workers baying for cocktails....
...But Fairburn was one of a string of Mackenzie towers that guarded the approaches to the nearby Black Isle, a fertile peninsula well worth defending....
...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...
...Tallinn, Estonia Found down one of the cobbled back streets of Tallinn old town, Restoran V is a cosy, wood-panelled spot that serves Baltic soul food with an exquisite twist....
...Heurigen serve only their own wine, as well as simple food, and at bargain prices....
...When Dezer recently approached Wells Fargo, his longtime lender, he discovered the bank was only willing to provide $100mn of the $550mn loan he needed for the Bentley — and at higher rates than in the past...
...So casual was Dimon in responding to queries about his strategy that Mike Mayo, a veteran Wells Fargo banking analyst, called it his worst investor call in almost a decade....
...Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo are set to report results on Thursday. Bank of America reports earnings on April 18....
...Also, Wells Fargo housing market index plus May retail and food sales data....
...(Patrick Temple-West) Shareholders shrug off climate proposals at big banks Investor petitions asking Citigroup, Bank of America and Wells Fargo to halt new fossil-fuel financing won tepid support from...
...Sarah House, senior economist at Wells Fargo, called the slight moderation in the quarter-over-quarter pace “encouraging”, but warned that the economy was not yet “out of the woods” when it came to a worsening...
...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....
....* Selling the unit allows Scharf to refocus the bank on core lending without much of an earnings hit. Shares in Wells Fargo are up 74 per cent since hitting a nine-year low in October....
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