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Wells Fargo"s loan book shrinks, profit misses estimates

Wells Fargo & Co said on Friday its loan book shrank and it raked in less fee revenue than a year ago, factors that contributed to lower-than-expected quarterly profit and sent its shares lower......»»

Category: topSource: reutersJul 13th, 2018

Flattening yield curve puts pressure on banks

A lot of Wall Street number-crunchers are going to be chained to their desks tomorrow when JPMorgan Chase, Citigroup and Wells Fargo all report second-quarter earnings more or less... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 12th, 2018

Wells Fargo Earnings Results For Q1 2018 Beat Estimates

Wells Fargo & Co (NYSE:WFC) released its Q1 2018 earnings results before opening bell this morning. Wells Fargo earnings rose to $1.12 per share on $21.9 billion in revenue, while the Street had been look.....»»

Category: blogSource: valuewalkApr 13th, 2018

Wells Fargo"s restructuring plans could lead to layoffs

Wells Fargo & Co.is planning to continue consolidation of corporate and investment banking as it tries to rein in costs and regain traction with customers whiplashed by a series of scandals, according to a Thursday report in The Wall Street Journal......»»

Category: topSource: bizjournalsApr 6th, 2018

Wells Fargo to Trim Headcount by 5-10% Over Three Years

Wells Fargo (WFC) promises to enhance client experience and make investments to develop digital modes of banking with a view to leave behind past misconducts. Wells Fargo & .....»»

Category: worldSource: nytSep 21st, 2018

Wells Fargo plans 5 percent to 10 percent workforce cut that could affect 26,500 positions

Wells Fargo plans to cut costs by imposing a 5%-10% workforce reduction over the next 3 years that could affect up to 26,500 positio.....»»

Category: topSource: usatodaySep 20th, 2018

The Wall Street Journal: Wells Fargo announces plan to cut tens of thousands of jobs

Wells Fargo on Thursday said it would reduce jobs as part of its “ongoing transformation” to address industry trends and changes in customer behavior......»»

Category: topSource: marketwatchSep 20th, 2018

Wells Fargo plans 5 percent to 10 percent workforce cut over the next three years

Wells Fargo plans to cut costs by imposing a 5 percent to 10 percent workforce reduction that coul.....»»

Category: topSource: usatodaySep 20th, 2018

Oracle Profit Tops View, But Shares Fall After Revenue Misses - Nasdaq

NasdaqOracle Profit Tops View, But Shares Fall After Revenue MissesNasdaq(RTTNews.com) - Business software giant Oracle Corp. ( ORCL ), Monday reporte.....»»

Category: topSource: googlenewsSep 18th, 2018

Oracle Q1 cloud services and license support revenue $6.61 bln vs $6.68 bln Street view

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchSep 17th, 2018

Oracle shares fall 5% after Q1 cloud services revenue short of Street view

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchSep 17th, 2018

Lululemon Has Growth Opportunities In Men"s, International, Wells Fargo Says In Upgrade

Lululemon athletica, inc. (NASDAQ: LULU) received a vote of confidence Monday from a Wall Street analyst.  Latest Ratings for LULU.....»»

Category: blogSource: benzingaSep 17th, 2018

The Wall Street Journal: Wells Fargo expects declines in business loans

Wells Fargo’s loan business is taking a hit from its governance issues, the bank’s CFO said......»»

Category: topSource: marketwatchSep 15th, 2018

Macquarie Downgrades Wells Fargo, Comerica, Sees Peak Bank Margins Ahead

It’s been a slow grind higher for bank investors since 2008, but one Wall Street analyst said Friday that the margin cycle for banks is finally showing signs of peaking. Latest Ratings for WFC DateFirmAct.....»»

Category: blogSource: benzingaSep 7th, 2018

The Wall Street Journal: Wells Fargo now being probed by DoJ for potential employee fraud

The Justice Department is probing whether employees committed fraud in Wells Fargo & Co.’s wholesale banking unit, following revelations that employees improperly altered customer information, people familiar with the matter said......»»

Category: topSource: marketwatchSep 6th, 2018

Wells Fargo defends policies after report of alleged gender bias

Wells Fargo & Co. said it thoroughly investigates all complaints of impropriety after a report said the company is failing to treat some of its female employees fairly. “We take seriously... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 31st, 2018

Wells Fargo is investigating bankers" alleged expense violations

Wells Fargo & Co. is investigating employees in its investment bank for alleged violations of its expense policy after they tried to get the company to pay for ineligible evening meals. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 31st, 2018

The Wall Street Journal: Wells Fargo investment bankers fired over falsifying dinner receipts

Wells .....»»

Category: topSource: marketwatchAug 30th, 2018

Wells Fargo fires bankers after probe into doctoring of expense receipts: Wall Street Journal

Wells .....»»

Category: topSource: reutersAug 30th, 2018

Wells Fargo fires bankers after probe into doctoring of expense receipts - Wall Street Journal

Wells .....»»

Category: topSource: reutersAug 30th, 2018