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Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...
Wells Fargo's stock gains 0.5% after recent losses. Analysts rate it a Buy amid strong profitability and asset cap removal driving growth opportunities.
In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the ...
Charlie Scharf was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake ...
"If I were Charlie Scharf, I’d be negotiating for the same standing — especially after spending the better part of six years ...
Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by ...
Wells Fargo Investment Institute on Tuesday downgraded U.S. small-cap equities to "unfavorable" from "neutral", pointing to its heavy tariff exposure, elevated interest rates and weak earnings record.
Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by the Federal Reserve.
Today's Research Daily features new research reports on 16 major stocks, including Wells Fargo & Co. (WFC), Abbott Laboratories (ABT) and American Express Co. (AXP), as well as two micro-cap stocks ...
Wells Fargo, Abbott, and American Express lead Zacks highlights, while TSS surges on AI growth and MLP eyes land monetization ...
The Fed lifted the asset cap in early June, a few weeks before the quarter ended. Without the cap, Wells is for the first time in seven years able to grow beyond around $2 trillion in assets.
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