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The U.S. economy is "stronger than people think," Wells Fargo Chairman and CEO John Stumpf told CNBC on Thursday.
I think things are better, says John Stumpf, Wells Fargo CEO, sharing his thoughts on the economy.
John Stumpf, Wells Fargo CEO, runs through the company's Q2 results, and shares his thoughts on loan demand and the outlook on housing.
Daphne Roth, Asia Equity Strategist at ABN AMRO Private Banking, explains why China is likely to unveil targeted measures within the property and banking sectors to propel growth.
For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.
David Nelson, Belpointe Asset Management chief strategist, explains why he has a problem with the way the justice system is policing the finance world.
Bank of America has offered $13 billion to settle a probe into mortgage securities sold by the bank, the Wall Street Journal reported.
Italy’s banks are “quite well-prepared” for the upcoming European stress tests, the second-in-command at the central bank told CNBC.
Mortgage revenue fell and litigation costs increased for Bank of America in the second quarter.
For the first time in recent memory, Main Street borrowing and spending has been a bigger driver of earnings than Wall Street's trading.
Christine Short, global markets intelligence director at S&P capital IQ, says that while banks have delivered "really impressive results" so far, the environment remains challenging.
Alberto Gallo, head of European macro credit research at RBS, discusses the financial difficulties the Espirito Santo family of companies is facing and says that it is not a systemic situation for Portugal.
The saga surrounding troubled lender Banco Espirito Santo has taken another twist, shedding more light on the strength of Portugal's banking sector.
Jorge Mariscal, Regional CIO, Emerging Markets at UBS, says internal weaknesses among BRICS nations was likely the main catalyst for the creation of the new development bank.
In negotiations to create the new BRICS development bank, the main challenge was not a lack of resources or commitment, but fellow partner China.
China's shadow banking firms slashed lending to property developers, potentially spelling trouble for the sector and the economy.
Stephen Green, Senior Economist, Standard Chartered, identifies factors that are helping lenders beat earnings expectations in the second quarter.
The group of five emerging market nations moved closer to an agreement on where to base a joint development bank, officials close to the matter said.
With JPMorgan and Goldman Sachs beating Q2 earnings estimates, CNBC's Kayla Tausche rounds up the day in financials and looks ahead to tomorrow.
Discussing whether the bank stocks are finally back, with Anton Schutz, Mendon Capital Advisors chief investment officer. Mendon explains why he doesn't own Morgan Stanley now and likes the small bank plays.
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