If correct, that would mean the initial $2 trillion valuation figure is off by a little more than the combined market valuation of Amazon and Netflix. » Read More
Wells Fargo has presented the Federal Reserve with a satisfactory plan on how to unwind its business in case of bankruptcy. » Read More
Weak demand within the energy complex could bubble up to the crude oil market, analysts say. » Read More
By: Bob Pisani
You might think market risks are declining, but pay close attention to these four themes. » Read More
New York Fed President William Dudley said Friday that a rate rise is getting closer and could come as soon as this year, according to Dow Jones.
Consumers "should be mad" but Wells Fargo is "committed to fixing" the problems of its consumer sales scandal, CFO John Shrewsberry said.
Banks have kicked off earnings season with a bang, but why did the initial pop lose steam?
Northern Trust Wealth Management's Katie Nixon sees tailwinds for bank stocks, for now, but will be looking to trim depending on Fed policy.
The post-financial crisis period has pushed policymakers into reconsidering the dynamics of inflation, she said in a speech.
The German government has ruled out support for Deutsche Bank if it were to issue new stock, Dow Jones reported, citing a source.
"I don't think an insider is the right guy to do it," analyst Dick Bove says. "The culture needs to be adjusted."
A UK court has ruled in favour of Goldman Sachs in a $1.2 billion dispute with Libya's $67 billion sovereign wealth fund over nine disputed trades.
JPMorgan CFO Marianne Lake said Friday that her bank is conducting a "deep dive" into potential cross-selling issues.
Citigroup announced third-quarter earnings and revenue Friday morning that topped Wall Street expectations.
Deutsche Bank's finance chief told staff last month that job cuts at the bank could be double that planned, a source told Reuters.
Some of the names on the move ahead of the open.
A Fed dove who turned hawkish, Rosengren says his views have not changed — the economy has.
JPMorgan chief Jamie Dimon says the bank saw both loans and deposits grow in the quarter.
The hiring spree by the Russian bank comes against the backdrop of a broader retreat from U.S. investment banks in the region.
The Softbank Vision Fund is the same size as all funds raised by U.S. CV firms over the last two and a half years, the FT reports.
These are the stocks posting the largest moves after the bell on Thursday: HPQ, Honeywell and more.
More needs to be done to address the scandal that rocked Wells Fargo, Rep. Carolyn Maloney, D-N.Y., said.
California State Treasurer John Chiang told CNBC he needs to see real reform before the state does business with Wells Fargo again.
The House small-business committee chair says he is outraged that Wells Fargo deceived customers and has sent a letter to the bank demanding some answers.
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