Wells Fargo


Federal Reserve releases banks' stress test results

Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Posted In: Banks, Federal Reserve, stress tests, Citigroup, JPMorgan, Wells Fargo, Bank of America, Goldman, Morgan Stanley

Big bank earnings signal fourth quarter troubles

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.
Posted In: banking, Earnings, Wells Fargo, Citigroup

Wells Fargo and Citigroup: A tale of two banks

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.
Posted In: Citigroup, Wells Fargo, bank

MID-DAY UPDATE: Jobless claims, Suez Canal workers' strike, NYSE merger

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....
Posted In: Amman, corporate profits, energy, jobless, Jordan, labor, mid-day update, middle east, NYSE, protests, stock market, strike, Suez Canal, UPS, weekly jobless, Wells Fargo

MIDDAY UPDATE: new financial rules, Ghana oil drilling, Facebook

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...
Posted In: Dodd-Frank law, Facebook, financial reform, mid-day update, Oil, Wells Fargo

MID-DAY UPDATE: Wells Fargo re-files, Nissan recalls and high speed rails

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...
Posted In: Amendment 4, China, high speed rail, mid-day update, millionaire, Nissan, Redbox, Unemployment, Wells Fargo