Wells Fargo and JPMorgan Chase: Is it time to stop worrying about them?
Mark Garrison Apr 12, 2013
Since the financial crisis, JPMorgan Chase and Wells Fargo have reported healthy report quarterly earnings. So can we finally stop worrying about the health of our financial system?
Wells Fargo leads bank earnings, recovery
Bob Moon Jan 11, 2013
Investors have high expectations for Wells Fargo -- the first big bank to report fourth-quarter results -- after turning in nearly three years of solid earnings.
Wells Fargo to cut ties with independent brokers
David Gura Jul 13, 2012
After the Justice Department announced a $175 million settlement with Wells Fargo for alleged discrimination against thousands of African American and Hispanic borrowers, the bank looks to cease operations with independent mortgage brokers, whom they blame for the prejudicial lending.
Wells Fargo and JPMorgan report big profits
Jeremy Hobson Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Federal Reserve releases banks' stress test results
Heidi N. Moore Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Big bank earnings signal fourth quarter troubles
Heidi N. Moore Jan 17, 2012
Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.
Wells Fargo and Citigroup: A tale of two banks
Bob Moon Jan 17, 2012
Wells Fargo announced a 20 percent yearly profit today, making money on its mortgage business. But Citigroup stumbled as trading revenue dips for stocks and bonds.
MID-DAY UPDATE: Jobless claims, Suez Canal workers' strike, NYSE merger
Katharine Crnko Feb 10, 2011
The U.S. Labor Department this morning announced weekly jobless claims fell to 383,000, the lowest level in nearly three years....
MIDDAY UPDATE: new financial rules, Ghana oil drilling, Facebook
Jaclyn Giovis Dec 15, 2010
Federal agencies are beginning to shape the rules under Congress's financial overhaul, also known as the Dodd-Frank law. Regulators want to require...
MID-DAY UPDATE: Wells Fargo re-files, Nissan recalls and high speed rails
Shelly Moulton Oct 28, 2010
Wells Fargo will re-file 55,000 problematic foreclosure documents, but will not issue a blanket moratorium. Today, we learned that the number of...
