"Banking is the last vertically integrated sector left, but it is the next utility to face change," said Michael Laven, CEO of Currency Cloud. » Read More
Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it. » Read More
By: Gemma Acton
Shares in Metro Bank traded lower on Wednesday morning despite the bank delivering deposit growth of 1 billion pounds in the first quarter. » Read More
Credit Suisse has just reported first quarter earnings which show Switzerland's second-largest bank beating expectations.
These are the stocks posting the largest moves after the bell.
Perrigo dropped after-hours trading after the firm restated financial statements from 12 different periods, including two full fiscal years.
Shares of railroad operator CSX jumped after the firm's newly minted CEO disclosed a $15 million stock purchase.
The board is listening to shareholders, the bank's top executives tell CNBC after a rowdy annual meeting.
Wells Fargo's annual shareholders' meeting turned rowdy Tuesday as several audience members loudly protested about the company's sales practices.
Investors re-elected Wells Fargo's entire board.
Banking is the one industry above all others that should cruise higher during a Trump administration, but the road likely won't be smooth.
Some of the names on the move ahead of the open.
In one example of a change in strategy, Neuberger Berman sounded out hedge funds about investing in Whole Foods Market and pressing for change.
Credit Suisse Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totalling 5.65 billion Swiss francs ($5.7 billion) since 2015.
Departures from the SGX have outnumbered IPOs thus far, and it remains to be seen whether new listings could catch up for the rest of the year.
The next group of employees who could lose their jobs are Wells Fargo's board of directors, the NYT reports.
Chinese government officials are offering assurances on currency convertibility, the SCMP reports.
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.
Wells Fargo has presented the Federal Reserve with a satisfactory plan on how to unwind its business in case of bankruptcy.
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