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Wells Fargo & Co

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  • The first quarter is typically the strongest period of the year for investment bank income, and revenues for the top firms in the three months is likely to be up 7 percent from a year ago, analysts at JPMorgan said this week. FX volatility is up 30 percent in G7 currencies and volumes with it, and higher rates volatility is leading to higher trading volumes and...

  • Early Glance: Banks companies Tuesday, 31 Mar 2015 | 10:29 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $15.46. Citigroup Inc. fell$. 28 or. 5 percent, to $51.36. Goldman Sachs fell $1.03 or. 5 percent, to $189.99.

  • Berkshire Hathaway buys 2 small Virginia newspapers Tuesday, 31 Mar 2015 | 9:58 AM ET

    OMAHA, Neb.— Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers. Berkshire Hathaway Media Group said Tuesday that it had acquired The Martinsville Bulletin in Martinsville and the Franklin News-Post in Rocky Mount from Haskell Newspapers. Berkshire Hathaway owns 31...

  • Quarter-end outlook: What to buy and sell Tuesday, 31 Mar 2015 | 8:04 AM ET
    Traders work the floor of the New York Stock Exchange.

    CNBC Pro takes you through the play-by-play in the past three months, and highlights where the experts think the strength will be in the coming months.

  • US stocks move lower a day after big jump Tuesday, 31 Mar 2015 | 5:04 AM ET

    KEEPING SCORE: The Dow Jones industrial average fell 54 points, or 0.3 percent, to 17,922 as of 11:25 a.m. Eastern. THE QUOTE: Following a big jump in the markets Monday, many investors were opting to take back some profits by selling, said Paul Christopher, head of international strategy at the Wells Fargo Investment Institute. "There's also rising concern about...

  • Final Glance: Banks companies Monday, 30 Mar 2015 | 5:56 PM ET

    Bank of America Corp. rose$. 21 or 1.4 percent, to $15.52. Citigroup Inc. rose$. 64 or 1.3 percent, to $51.64. Goldman Sachs rose $2.96 or 1.6 percent, to $191.02.

  • Midday Glance: Banks companies Monday, 30 Mar 2015 | 1:16 PM ET

    Bank of America Corp. rose$. 25 or 1.6 percent, to $15.56. Citigroup Inc. rose$. 78 or 1.5 percent, to $51.78. Goldman Sachs rose $3.48 or 1.9 percent, to $191.54.

  • A lawyer for the Securities and Exchange Commission told an administrative judge in New York that the trader, Joseph Ruggieri, made more than $117,000 in profits for Wells Fargo by trading healthcare company stocks ahead of ratings changes by one of the bank's analysts. Paul Ryan, Ruggieri's lawyer, called the SEC's case circumstantial, and said the regulator...

  • Early Glance: Banks companies Monday, 30 Mar 2015 | 10:56 AM ET

    Bank of America Corp. rose$. 21 or 1.4 percent, to $15.52. Citigroup Inc. rose$. 75 or 1.5 percent, to $51.75. Goldman Sachs rose $2.94 or 1.6 percent, to $191.00.

  • Final Glance: Banks companies Friday, 27 Mar 2015 | 6:10 PM ET

    Bank of America Corp. fell$. 11 or. 7 percent, to $15.31. Citigroup Inc. fell$. 19 or. 4 percent, to $51.00. Goldman Sachs rose$. 82 or. 4 percent, to $188.06.

  • Midday Glance: Banks companies Friday, 27 Mar 2015 | 1:16 PM ET

    Bank of America Corp. fell$. 10 or. 6 percent, to $15.33. Citigroup Inc. fell$. 24 or. 5 percent, to $50.96. US Bank fell$. 24 or. 6 percent, to $42.76.

  • Final Glance: Banks companies Thursday, 26 Mar 2015 | 6:07 PM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $15.42. Citigroup Inc. fell$. 19 or. 4 percent, to $51.19. Goldman Sachs fell$. 11 or. 1 percent, to $187.24.

  • Midday Glance: Banks companies Thursday, 26 Mar 2015 | 2:20 PM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $15.47. Citigroup Inc. fell$. 01 or percent, to $51.37. Goldman Sachs rose$. 15 or. 1 percent, to $187.50.

  • Early Glance: Banks companies Thursday, 26 Mar 2015 | 10:34 AM ET

    Bank of America Corp. fell$. 07 or. 5 percent, to $15.34. Citigroup Inc. fell$. 48 or. 9 percent, to $50.90. JPMorgan Chase fell$. 28 or. 5 percent, to $59.33.

  • Final Glance: Banks companies Wednesday, 25 Mar 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 20 or 1.3 percent, to $15.41. Citigroup Inc. fell$. 56 or 1.1 percent, to $51.38. Goldman Sachs fell $3.93 or 2.1 percent, to $187.35.

  • March 25- Wells Fargo& Co, the fourth-largest U.S. bank by assets, said it will cut 1,000 jobs and close its home-lending servicing office in Milwaukee, Wisconsin. Wells Fargo, which will close the office in late July, will inform employees of other job opportunities within the company, the bank said. Shares of Wells Fargo, which had about 265,000 employees as of Dec. 31,...

  • Midday Glance: Banks companies Wednesday, 25 Mar 2015 | 1:43 PM ET

    Bank of America Corp. fell$. 12 or. 8 percent, to $15.49. Citigroup Inc. fell$. 36 or. 7 percent, to $51.58. Goldman Sachs fell $3.36 or 1.8 percent, to $187.92.

  • NEW YORK— Wells Fargo will close its home lending servicing office in Milwaukee and eliminate 1,000 jobs, saying fewer homeowners are falling behind on payments and seeking help keeping their homes. In an emailed statement, Wells Fargo& Co. said Wednesday that as the economy has improved over the last two years, fewer customers have become delinquent on their...

  • Early Glance: Banks companies Wednesday, 25 Mar 2015 | 11:55 AM ET

    Citigroup Inc. fell$. 08 or. 2 percent, to $51.86. Goldman Sachs fell $1.18 or. 6 percent, to $190.10. JPMorgan Chase fell$. 03 or percent, to $60.43.

  • Final Glance: Banks companies Tuesday, 24 Mar 2015 | 8:17 PM ET

    Bank of America Corp. fell$. 11 or. 7 percent, to $15.61. Goldman Sachs fell$. 68 or. 4 percent, to $191.28. JPMorgan Chase fell$. 68 or 1.1 percent, to $60.46.