GO
Loading...

Wells Fargo & Co

More

  • Wells Fargo acknowledges it no longer has anything to do with the building, which was bought on April 7 by Florida developer Glenn Straub. "As a matter of public interest for the City of Atlantic City and the State of New Jersey, Wells Fargo is concerned that the impasse between ACR and Polo North is creating a potentially dangerous situation with respect to the...

  • Vencore's owner, private equity firm Veritas Capital Management LLC, has hired Stone Key Group LLC and Wells Fargo& Co to advise on an auction for the company, three people said on Friday. Veritas Capital and Wells Fargo declined to comment. Veritas Capital bought the company, which was previously called SI Organization Inc, from Lockheed Martin Corp for $815...

  • Final Glance: Banks companies Friday, 17 Apr 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 23 or 1.5 percent, to $15.56. Citigroup Inc. fell$. 95 or 1.8 percent, to $53.07. Goldman Sachs fell $2.86 or 1.4 percent, to $197.35.

  • Why banks made more money last quarter Friday, 17 Apr 2015 | 3:41 PM ET

    NEW YORK— Wall Street and Main Street gave banks a boost last quarter. JPMorgan Chase created $24.7 billion worth of mortgages, up 45 percent from a year earlier, while Bank of America put together mortgages worth $13.7 billion, up 54 percent. Wells Fargo, the nation's largest mortgage lender, generated $49 billion in home loans, up 36 percent from the same period...

  • Midday Glance: Banks companies Friday, 17 Apr 2015 | 1:17 PM ET

    Bank of America Corp. fell$. 26 or 1.6 percent, to $15.54. Citigroup Inc. fell$. 77 or 1.4 percent, to $53.25. Goldman Sachs fell $3.08 or 1.5 percent, to $197.14.

  • Early Glance: Banks companies Friday, 17 Apr 2015 | 10:57 AM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.63. Citigroup Inc. fell$. 30 or. 6 percent, to $53.72. Goldman Sachs fell $2.38 or 1.2 percent, to $197.83.

  • "Confidence is back," said Laura Oberst, an executive vice president at Wells Fargo& Co who oversees commercial banking for the central U.S. region. A Wells Fargo spokeswoman could not immediately provide a bank-wide utilization rate for commercial and industrial borrowers, but said it has gone up a few percentage points over the past year. The increased usage...

  • Final Glance: Banks companies Thursday, 16 Apr 2015 | 6:03 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.79. Citigroup Inc. rose$. 81 or 1.5 percent, to $54.02. Goldman Sachs fell$. 89 or. 4 percent, to $200.21.

  • NEW YORK, April 16- Wells Fargo Bank breached a nationwide 2010 legal settlement involving adjustable-payment mortgages, a federal judge ruled, finding that the bank did not properly evaluate homeowners who applied for help to avoid foreclosures. In an order on Wednesday, U.S. District Court Judge Richard Seeborg in northern California told Wells to meet with...

  • Midday Glance: Banks companies Thursday, 16 Apr 2015 | 1:28 PM ET

    Bank of America Corp. rose$. 23 or 1.4 percent, to $15.87. Citigroup Inc. rose$. 77 or 1.4 percent, to $53.98. Goldman Sachs fell$. 70 or. 3 percent, to $200.40.

  • Jack Welch: Why financial services a 'changed game' Thursday, 16 Apr 2015 | 9:48 AM ET
    Jack Welch speaking on CNBC's "Squawk Box," April 16, 2015.

    Former GE boss Jack Welch tells CNBC the deal to break up the company he helped create was a smart move since times have changed.

  • Blackstone CEO: We're an 'earnings machine' Thursday, 16 Apr 2015 | 7:36 AM ET
    Steve Schwarzman, CEO of Blackstone Group on CNBC's "Squawk Box," April 16, 2015.

    "We are the most profitable money manager in the world," Blackstone Chairman and CEO Steve Schwarzman tells CNBC.

  • Lightning Round: An undervalued best in show stock Wednesday, 15 Apr 2015 | 7:00 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Final Glance: Banks companies Wednesday, 15 Apr 2015 | 5:57 PM ET

    Bank of America Corp. fell$. 18 or 1.1 percent, to $15.64. Citigroup Inc. rose$. 48 or. 9 percent, to $53.21. Goldman Sachs rose $3.38 or 1.7 percent, to $201.10.

  • GLOBAL MARKETS-Wall St up on earnings, oil surges Wednesday, 15 Apr 2015 | 2:54 PM ET

    *Banks, Intel boost Wall Street. NEW YORK, April 15- U.S. stocks rallied following several strong earnings reports on Wednesday, while European shares hit a 14- year high after the European Central Bank affirmed its loose policy stance. Better-than-expected results from banks JPMorgan Chase and Wells Fargo and earnings from Intel that were broadly in line with...

  • Midday Glance: Banks companies Wednesday, 15 Apr 2015 | 2:34 PM ET

    Bank of America Corp. fell$. 18 or 1.1 percent, to $15.65. Citigroup Inc. rose$. 43 or. 8 percent, to $53.16. Goldman Sachs rose $1.93 or 1.0 percent, to $199.65.

  • 5 biggest banks now own almost half the industry Wednesday, 15 Apr 2015 | 2:33 PM ET
    Bank of America

    Too big to fail banks, instead of getting smaller, are pretty much taking over the financial universe.

  • EU charges seen unlikely to hurt Google valuation Wednesday, 15 Apr 2015 | 12:14 PM ET

    The charges, which come after a five-year investigation, could lead to a fine of up to 10 percent of Google's annual sales, or about 6.2 billion euros. If Google were to stop the practices immediately, the impact on revenue trajectory over the next 12-18 months would be minimal, Bernstein analyst Carlos Kirjner said in a note. Apart from accusing Google of cheating...

  • *Banks, Intel boost Wall Street. NEW YORK, April 15- European shares hit a 14- year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance, while U.S. stocks rallied after several strong earnings reports. U.S. stocks rallied, helped by better-than-expected results from banks JPMorgan Chase and Wells Fargo and earnings...

  • *Banks, Intel boost Wall Street. NEW YORK, April 15- European shares hit a 14- year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance, while U.S. stocks rallied after several strong earnings reports. U.S. stocks rallied, helped by better-than-expected results from banks JPMorgan Chase and Wells Fargo and earnings...