For years, there were signs that Wells Fargo had a fraudulent account problem. But that didn't stop magazines and research outfits from dubbing them 'best' in the business.
A larger-than-expected crude oil stockpile drawdown saw the commodity soar to one-year highs Wednesday, and with it came an energy industry longing for a comeback.
John Stumpf, the Wells Fargo CEO who retired amid a scandal involving fake accounts, has given up his seats on the boards of Target and Chevron.
Oilfield services executives are likely to come out bullish this week, but investors should note a rebound is not underway until these companies start hiring and spending money on equipment.