As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Wells Fargo, which joins JPMorgan in kicking off the Q4 earnings season for the Finance sector on Wednesday, January 15 th, is barely in positive territory since election day, while Citigroup, which also reports the same day, has outperformed both of its peers.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Led by the California Mortgage Bankers Association, five lenders have made commitments to provide mortgage relief for the victims of the
Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%.
In a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on Citigroup (C – Research Report). The company’s shares
Former attorney Michael B. Cohen was arraigned Thursday morning after allegedly taking $60,000 to handle a property dispute and misappropriating the funds, causing the couple’s home to be sold from under them.
JPMorgan Chase, Citi, Bank of America, U.S. Bank and Wells Fargo postpone payments for damaged or destroyed homes.
Banks will be shutting down on January 20, Inauguration Day, because of the Martin Luther King Jr. Day holiday.
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer,
U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) 1.78% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) 2.09% U.S. Bancorp Dep. Pfd ...
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