Bank of America, like rival big banks JPMorgan Chase, Citigroup and Wells Fargo, benefits in the third quarter from President Donald Trump's tax cuts.
U.S. stocks look set for another volatile session Monday as investors re-set prices in markets all over the world amid amid escalating tensions between Washington and Riyadh over the death of a prominent Saudi journalist in Turkey last month as well as renewed concerns for trade disputes between the U.S. and its major economic partners.
Wells Fargo Home Lending has entered into an agreement with eOriginal, a leading digital solution provider for the mortgage industry, to enable the purchase of eNotes through Wells Fargo's correspondent channel, Wells Fargo Funding.
This earnings season could be full of surprises. Jim Cramer has your game plan for next week.
Here's what you need to know now for Friday, Oct. 12.
A look back at one of the darkest hours to contextualize Friday's market volatility.
The Dow Jones Industrial Average rebounded to close higher Friday, capping a volatile week that saw the index lose 4% overall.
Jamie Dimon warned shareholders in April
Wells Fargo beat on quarterly revenue but missed on earnings per share.
What should investors be worrying about? A trader takes a look at the market.
The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the Federal Reserve's rate.
Wells Fargo, which has faced allegations since 2016 that customers were treated inappropriately due to overly aggressive sales practices, has had to temper loan and deposit growth to comply with sanctions imposed earlier this year by the Federal Reserve -- while continuing to rack up legal expenses and fines related.
Here are some key ideas to think about as you position your portfolio in light of this week's market selloff.
Some tips to help you navigate this week's market turmoil.
U.S. Stocks are set for their biggest gains in more than six months Friday, as investors return to an equity market that has suffered its biggest two-day decline since February, ahead of key third quarter reports from the banking sector that would set the tone for a corporate earnings season that will define the market's strength heading into the final months of the year.
U.S. stock futures rise on Friday after equities fall hard for a second straight day; JPMorgan, Citigroup and Wells Fargo report earnings; Tencent Music reportedly will postpone its IPO.
The good news about a bounce like we are seeing this morning is that it helps create some obvious technical levels.
Wells Fargo & Company (NYSE:WFC): Financial results: Net income of $6.0 billion, compared with $4.
Markets will be watching subscriber growth and pricing power when NFLX reports on Tuesday.
JPMorgan Chase is contending with increased competition for deposits, potential losses on corporate bond portfolios and choppy trading markets that have sapped revenue.
JPMorgan Chase was supposed to benefit from higher interest rates. But CEO Jamie Dimon, like peers, is now contending with increased competition for deposits, potential losses on corporate bond portfolios and choppy trading markets that have sapped revenue.
Loans will be a pivotal piece of the picture as major U.S. banks report earnings on Friday.
Wells Fargo (NYSE:WFC) today announced $1 million in donations to support communities impacted by Hurricane Michael.
While the markets may seem tumultuous in the near-term, there are reasons to believe that the intermediate and long-term outlooks show stability. Watch now to hear why.
Jim Cramer looks at the broader markets.
Wells Fargo & Company (NYSE: WFC) today announced $6 million in neighborhood revitalization grants to 50 nonprofits through the Wells Fargo Housing Foundation 2018 Priority Markets Program.
The cloud sector has suffered, but this is how to navigate this selloff.
Here's what you need to know now for Monday, Oct. 8.
