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Rafferty Capital's Dick Bove reiterates his sell rating on Wells Fargo, speculating that Warren Buffett is likely 'walking away' from the stock.
The apology from Wells Fargo CEO John Stumpf doesn't answer questions about the bank's fake accounts scandal, analyst Michael Mayo says.
Baird raises its rating for Wells Fargo to outperform from neutral.
According to a new survey released today, the majority of CFOs in the U.K. want to take on the top job on chief executive officer.
Edward Mills, FBR Capital Markets Senior Financial Policy Analyst, discusses the regulatory implications for the banking industry following the investigation into the Wells Fargo fraudulent accounts scandal.
Goldman Sachs lowers its rating for Citigroup to neutral from buy.
German lender Deutsche Bank sounded an optimistic tone Friday, despite its shares suffering their worst day since late June.
Uncertainties in Europe could add to the existing problems faced by Deutsche Bank, says Taurus Wealth Advisors' Michael Preiss.
Andrew Slimmon, senior portfolio manager at Morgan Stanley, says conditions are changing which may help banks and financials in medium to long term.
Mitsubishi UFJ's Nobuyuki Hirano stresses the need for a diversified revenue mix, as negative interest rates push revenues down for Japanese financials.
Commerzbank, Germany's second-biggest lender, will announce plans to split up its Mittelstandsbank at the end of the month, sources tell CNBC.
Energy and financials are two of the undervalued sectors that investors can catch tailwinds from out into the horizon, says Eisneramper's Tim Spiess.
Opening arguments began on Tuesday in the trial of Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago.
The best route to faster U.S. economic growth is through non-monetary policy approaches such as immigration and tax reform, a top Fed official argued.
A behind-the-scenes look at hedge fund Renaissance Technologies, whose network of affiliated people has given $37 million this election cycle.
Paul Miller, FBR Capital Markets Managing Director & Head of Financial Institutions Research, explains why he disagrees with those like Dick Bove who are downgrading Wells Fargo as well as his views on the whole financial sector.
Shares of Deutsche Bank hit levels from before the news of the DOJ's demand for a $14 billion settlement.
Wells Fargo would like for the accounts scandal to end, but lawmakers and regulators say they will not let it go that quickly. NYT reports.
The industry now manages just shy of $3 trillion, according to the latest count from industry tracker HFR.