Goldman: Buy Wells Fargo -
wells fargo

Goldman: Buy Wells Fargo

Barron's - 14 May 2014
If Wells Fargo is good enough for Warren Buffett, it should be good enough for you, too. Buffett's favorite bank will update investors on key financial measures at a May 20 investor day meeting. Goldman Sachs is telling clients to prepare for the stock ...
wells fargo

Wells Fargo finds even more customers that it overcharged - 15 Jul 2018
NEW YORK — Wells Fargo keeps finding new parts of its vast banking empire that overcharged innocent customers. On Friday, Wells Fargo disclosed it's setting aside another $285 million to refund foreign-exchange and wealth-management clients. That's on ...
wells fargo

Do you know him? Bank robber hits Wells Fargo branch in Hollywood

Sun Sentinel - 14 Jul 2018
A man demanded money from an employee at a Hollywood bank on Saturday morning after implying he had a gun, police say. The robber walked into the Wells Fargo branch at 6600 Taft Street at 10 a.m., left with an undisclosed amount of cash, and fled in a ...
wells fargo

Earnings Preview: What To Expect From Wells Fargo On Friday

Forbes - 11 Jul 2018
Wells Fargo & Company is scheduled to release earnings before Friday's open. The stock just hit a record high of $66.31 in 2018 and is currently trading near $56.61/share. The stock is prone to big moves after reporting earnings and can easily gap up ...
wells fargo

What to Expect from Wells Fargo's Earnings

Wall Street Journal - 12 Jul 2018
Wells Fargo's Chief Executive Timothy Sloan said in mid-May the Federal Reserve's asset cap would likely extend into the “first part” of 2019. The bank had initially signaled the cap, imposed in an unprecedented enforcement action by the Fed in ...
wells fargo

Council set to ponder TIF for Wells Fargo project

Post-Bulletin - 14 Jul 2018
Typically, requests for tax-increment financing are reduced following closer review. On Monday, the Rochester City Council will consider granting a developer more than the requested TIF amount. Plans to renovate the Wells Fargo building where First ...
wells fargo

Wells Fargo and AT&T slide while Walmart and Terex climb

WTOP - 13 Jul 2018
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Wells Fargo & Co., down 67 cents to $55.36. The bank's profit disappointed investors as a scandal over fraudulent accounts continued to affect its business. Citigroup Inc ...
wells fargo

Has Wells Fargo Turned the Corner Yet?

Motley Fool - 11 Jul 2018
It's been nearly two years since we learned about Wells Fargo's (NYSE:WFC) fake-accounts scandal, which turned out to be the first in a series of damaging incidents to emerge. In this clip from Industry Focus: Financials, host Shannon Jones and Fool ...
wells fargo

Wells Fargo Losing Talent to Smaller Firms

Barron's - 09 Jul 2018
Wells Fargo's fake-account scandal and other problems are well known and may be impacting advisor turnover, suggests recruiter Danny Sarch. “Advisors are, in my opinion, among the smartest animals in the forest,” he tells On Wall Street. “If they see a ...
wells fargo

Wells Fargo's latest sore spot: Wealth management

American Banker - 13 Jul 2018
Wealth management is the latest business line at embattled Wells Fargo to show signs of erosion, as fallout from the company overcharging customers weighed on second-quarter results and reputational hits threatened to inflict more damage. The $1.9 ...

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