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US weekly jobless claims rise to 244,000, hit eight-month high

In the week ending July 9, the number of Americans filing for unemployment benefits increased by 9,…

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4 mins read

Wells Fargo is pushing for quantity over quality in its private bank

Wells Fargo's reorg of how it serves its richest clients is a nod toward a push for quantity over q…

Dan DeFrancesco   


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2 mins read

Bill Ackman's first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank

Bill Ackman bought Wells Fargo stock while at business school as it seemed oversold, and Warren Buf…

Theron Mohamed   


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3 mins read

Inside Wells Fargo's mortgage conundrum

Wells Fargo's profitable mortgage-lending business is bracing for more heartache as rates rise.

Aaron Weinman   


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5 mins read

Wells Fargo faces another setback with $1.7 billion penalty

The bank has been ordered to pay billions in fines to settle investigations stemming from its treat…

Dan DeFrancesco   


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3 key ways banks will collaborate and digitize in 2022

Ather Williams III, an exec at Wells Fargo overseeing digital strategy and innovation, outlines opp…

Ather Williams III, Wells Far…   


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An NYSE glitch caused market mayhem resulting in Morgan Stanley and Wells Fargo shares crashing over 10%

The exchange explained that the glitch, which affected over 250 stocks, resulted in the NYSE not co…

Huileng Tan   


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3 mins read

Jeff Gundlach, Byron Wien and other top investors see US stocks tumbling as the Fed hikes rates. Here are their warnings.

A US recession is likely in the next couple of years, but investors have other shorter-term worries…

Harry Robertson   


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1 min read

The US stocks rally is driven by optimism that things are 'not as bad as feared,' but this may not last, Wells Fargo strategist warns

"I think right now, we're getting a bit of that relief, but when you really lower the bar it's hard…

Zahra Tayeb   


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3 mins read

Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers

"Repeat offender" Wells Fargo engaged in practices that cost customers "billions," a regulator says…

Sindhu Sundar   


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2 mins read

SEC charges Wells Fargo's former CEO and top executive for misleading investors over success of its core business

Stumpf signed and certified documents with the SEC in 2015 and 2016 when he should have known they …

Shalini Nagarajan   


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5 hostages were released after police and FBI negotiated for 8 hours during a bank robbery in St. Cloud, Minnesota

All hostages are believed to be bank employees, according to authorities, and no injuries have been…

Azmi Haroun   


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The Fed needs to 'rip off the Band-Aid' and hike interest rates by 150 basis points, Wells Fargo strategist says

The Fed should hike interest rates by 150 basis points so that it can hit its 4% target three month…

George Glover   


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Investors need to be prepared for the Fed to keep rates at 5% for up to a year, and that will hurt stocks, Wells Fargo chief macro strategist says

How long the Fed keeps the fed funds rate high should be the main focus for stock investors, Wells …

Carla Mozée   


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Warren Buffett's right-hand man flags a 'speculative frenzy' in the stock market and bemoans the lack of bargains in a new shareholder letter

Charlie Munger told Daily Journal investors not to expect their shares to climb much further after …

Theron Mohamed   


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This one sign could indicate that a stock-market sell-off is near, Wells Fargo stock chief says

"Typically some of the worst sell-offs we've seen is when short interest rises from very low levels…

Emily Graffeo   


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3 mins read

Wells Fargo's mortgage banker exodus - Wall Street's return to office - Crypto talent war

This week's top finance stories: Inside mortgage-banker exodus at Wells, battle for crypto talent, …

Michelle Abrego   


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India ramps up armed forces veteran hiring across administrative and financial job roles

Taking a cue from the US, India is ramping up veteran hiring, creating a job pool for former armed …

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3 mins read

Hiring this week — Well Fargo, EY, Goldman Sachs and others are looking for technical analysts and finance professionals

This comes as businesses are slowly picking up pace and are hiring more talent to keep up with t…