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%.
JPMorgan Chase, Wells Fargo, Citi and Goldman Sachs Q4 results are due on Wednesday, followed by Bank of America and Morgan Stanley on Thursday. Photo: MarketWatch/Getty Images
A former Hollidaysburg attorney, accused of costing a Blair County client their home for lack of mortgage payments, now faces charges in Bedford County for allegedly failing to send a client’s check to the proper company,
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.
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Gov. Gavin Newsom announced that 270 state-chartered banks, credit unions, and others will provide mortgage relief for property owners affected by the Los Angeles wildfires.
Two of the oldest and most well-known banks in the United States, JPMorgan Chase & Co. (JPM) and Wells Fargo & Company (WFC), offer private banking services to account holders who maintain balances above certain thresholds. Chase has a Private Client ...
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.