Wells Fargo

Global turmoil helps bank traders set records while pressuring other businesses

Executives at Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. warned that an extended war in Iran risks blunting deal activity and the conflict has already sent gas prices ever higher, putting pressure on consumers

Wells Fargo misses lending estimate, sending shares plunging

Net interest income, the difference between what the company makes from lending and pays for deposits, totaled $12.1 billion

Wells Fargo to shut Chennai GCC, asks employees to move to Bengaluru or Hyderabad

The move allows the company to provide more robust career growth opportunities and better service for its customers and clients, Wells Fargo has said

Bulk deals: Wells Fargo offloads Rs 153 crore worth Bharti Airtel shares in block

Wells Fargo sold 9.34 lakh shares of Bharti Airtel (0.015 percent stake) at Rs 1,630.70 apiece.

Wells Fargo's profit beats as rebound in dealmaking boosts investment banking

Shares of the bank rose 3.1% to $73.40 in premarket trading on Wednesday after it also forecast net interest income (NII) — or the difference between what it earns on loans and pays out for deposits — would increase in 2025

Wells Fargo forecasts bigger-than-expected drop in 2024 interest income

The fourth-largest US lender reported third-quarter net income of $5.11 billion, compared with $5.78 billion a year earlier

This bank fired several employees over fake keyboard activity and mouse jiggling

Large companies have increasingly adopted sophisticated surveillance tools to monitor remote employees. These technologies can track keystrokes, eye movements, take screenshots, and log website visits.

Wells Fargo appoints Uday Odedra as MD and Head of India and the Philippines

With more than 25 years of experience at UBS, he served in a variety of leadership roles, including Chief Executive Officer (CEO) of India, and Chief Information Officer (CIO) for Asia.

Wells Fargo, JPMorgan start banks’ post-earnings bond spree

The Wall Street giants are borrowing from the debt market after posting strong net interest income and raising their outlook guidance.

World stocks near 15-month high; China data dampens mood

Asian stocks fell earlier in the session as markets caught up with growth data from July 17 showing the post-pandemic bounce in China's economy was over.

Wells Fargo 2Q profit jumps 57% on higher interest rates

Wells earned $4.9 billion, or $1.25 per share in the period, on $20.5 billion in revenue.