Credit Suisse says recent partnerships with JPMorgan Chase and Wells Fargo will boost Intuit's small business software sales.
NEW YORK— U.S. stocks are losing ground Friday as banks fall and energy companies continue to slide. The losses are modest, but there's far more selling than buying on Wall Street. The Standard& Poor's 500 index fell 5 points, or 0.2 percent, to 2,358. The Nasdaq composite sank 6 points, or 0.1 percent, to 5,829. The Russell 2000 index, which tracks smaller companies, slid...
Trump's actions are sending shock waves across the business community, says Bill George. CEOs can't be afraid to challenge him.
Some of the names on the move ahead of the open.
NEW YORK— Wells Fargo's board of directors said it is firing four senior managers as part of its investigation into the bank's sales practices scandal. The board said Tuesday the four are Claudia Anderson, the former community bank chief risk officer, Pamela Conboy, the lead regional president in Arizona, Shelly Freeman, the former regional president in Los...
Buybacks keep rolling along, but here is why they are no panacea for all of the market's problems.
Wells Fargo says four current or former senior managers in community banking have been terminated.
Wells Fargo says it has terminated four senior managers in connection with sales practices investigation; probe ongoing. CNBC's Dominic Chu reports.
If the Trump administration deregulates big banks, nonbank lenders may face more competition in the mortgage market.
NEW YORK— Customers are still turning their backs on Wells Fargo after a scandal over sales practices, with the bank saying Friday the number of new checking accounts people opened was down 31 percent in January from a year earlier. Wells Fargo has been releasing monthly reports on these figures since the outcry over its sales practices as a sort of "report card" on...
Credit Suisse says shares of Wells Fargo might be about to hit a ceiling.
Machine learning is infiltrating all aspects of financial services, from consumer banking and online lending to fraud protection.
Munger believes Wells Fargo will survive its cross-selling scandal, though he said the company was too slow to correct what it did wrong.
Harker said his view that the economy is ready for three rate hikes this year does not depend on any fiscal policy changes under President Trump.
Hawkish foreign policy positions coupled with looser domestic regulation could create an avalanche of selling among banks and China.
Berkshire Hathaway Inc. filed a quarterly update on its U.S. stock portfolio with the Securities and Exchange Commission on Tuesday. Berkshire's Apple Inc. stake is now worth $7.7 billion, up from roughly $2 billion the previous quarter. He has said that investments of less than $1 billion are likely to be the work of Ted Weschler or Todd Combs, who each handle...
Customers will soon be able to unlock cash dispensers' coffers by using their phone, the New York Times reports.
Don't let tranquil markets lull you, some professional investors are warning.
Discussing Seattle's decision to divest funds from Wells Fargo due to the bank's investment in the Dakota Access Pipeline with Debora Juarez, Seattle City Council member, and Christopher Whalen, Kroll Bond Rating Agency.
Traders may want to think twice before backing out of the reflation trade right now.