- Wells Fargo reports first-quarter earnings per share of 75 cents.
- Revenue increased 5% from the previous quarter, to $21.6 billion.
- Analysts were expecting EPS of 73 cents on revenue of $20.51 billion.
The Quarterly Banking Profile for the third quarter from the Federal Deposit Insurance Corporation includes data investors should not ignore.
The FDIC vice chairman put a spotlight on his push to reinstate a statute effectively separating the investment banking units of large financial institutions from their commercial divisions.
The president-elect's pick for Transportation Secretary made at least $1.1 million last year as a corporate director, highlighting her ability to revolve between government service and the private sector.