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Wells Fargo & Co

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  • Aug 14- Mortgage applicants who can't provide tax returns or pay stubs to show their income are getting stated income loans again as companies such as Unity West Lending and Westport Mortgage chase customers they can no longer afford to ignore.

  • Final Glance: Banks companies Wednesday, 13 Aug 2014 | 6:14 PM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.25. Citigroup Inc. rose$. 31 or. 6 percent, to $48.75. Goldman Sachs rose$. 04 or percent, to $172.37.

  • Midday Glance: Banks companies Wednesday, 13 Aug 2014 | 1:50 PM ET

    Bank of America Corp. rose$. 03 or. 2 percent, to $15.24. Citigroup Inc. rose$. 30 or. 6 percent, to $48.74. Goldman Sachs rose$. 11 or. 1 percent, to $172.44.

  • UPDATE 2-Rigel eye drug fails mid-stage study, shares fall Wednesday, 13 Aug 2014 | 10:48 AM ET

    Aug 13- Rigel Pharmaceuticals Inc said it would stop testing its drug for some patients with dry eye disease after the treatment failed a mid-stage study. British drugmaker AstraZeneca Plc scrapped its licensing deal for Rigel's rheumatoid arthritis treatment in June 2013.

  • Early Glance: Banks companies Wednesday, 13 Aug 2014 | 10:32 AM ET

    Bank of America Corp. rose$. 02 or. 1 percent, to $15.23. Citigroup Inc. rose$. 25 or. 5 percent, to $48.69. Goldman Sachs fell$. 43 or. 2 percent, to $171.90.

  • At the same time the major brokerages-- Bank of America's Merrill Lynch, Morgan Stanley, Wells Fargo and UBS-- are fighting to keep their money-making assets from walking out the door.

  • Final Glance: Banks companies Monday, 11 Aug 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 02 or. 1 percent, to $15.22. Citigroup Inc. fell$. 06 or. 1 percent, to $48.39. Goldman Sachs rose$. 20 or. 1 percent, to $172.46.

  • Midday Glance: Banks companies Monday, 11 Aug 2014 | 1:26 PM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.24. Citigroup Inc. rose$. 05 or. 1 percent, to $48.50. Goldman Sachs fell$. 33 or. 2 percent, to $171.93.

  • Feds charge 5 with bank fraud in Iowa home sales Monday, 11 Aug 2014 | 11:37 AM ET

    IOWA CITY, Iowa— A Des Moines attorney and four area businessmen deceived banks into selling homes to them at below market rates, then immediately resold the properties for profit without the lenders' knowledge, federal prosecutors say.

  • Early Glance: Banks companies Monday, 11 Aug 2014 | 10:35 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $15.19. Citigroup Inc. fell$. 04 or. 1 percent, to $48.41. JPMorgan Chase fell$. 01 or percent, to $56.33.

  • Final Glance: Banks companies Friday, 8 Aug 2014 | 6:06 PM ET

    Bank of America Corp. rose$. 08 or. 5 percent, to $15.20. Citigroup Inc. rose$. 39 or. 8 percent, to $48.45. Goldman Sachs rose $3.16 or 1.9 percent, to $172.26.

  • Coal group: No doubts about McConnell's support Friday, 8 Aug 2014 | 6:01 PM ET

    Yahoo News reported that Elaine Chao, McConnell's wife and the labor secretary under President George W. Bush, sits on the board of Bloomberg Philanthropies, a charity founded by former New York City mayor and media mogul Michael Bloomberg.

  • Midday Glance: Banks companies Friday, 8 Aug 2014 | 1:51 PM ET

    Bank of America Corp. fell$. 05 or. 3 percent, to $15.08. Citigroup Inc. fell$. 14 or. 3 percent, to $47.92. Goldman Sachs rose $1.42 or. 8 percent, to $170.52.

  • Early Glance: Banks companies Friday, 8 Aug 2014 | 10:51 AM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $15.03. Citigroup Inc. fell$. 14 or. 3 percent, to $47.92. Wells Fargo fell$. 14 or. 3 percent, to $49.56.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • Aug 6- JPMorgan Chase& Co has won the dismissal of a lawsuit by the City of Los Angeles accusing the largest U.S. bank of steering minority borrowers into mortgages they could not afford, even after similar cases against the next three largest banks were allowed to go forward.

  • NEW YORK, Aug 6- Wells Fargo& Co has relaxed its standards for loans for some high-priced homes as the largest U.S. mortgage lender tries to combat an industry-wide drop in mortgage volumes.

  • NEW YORK, Aug 4- Wall Street banks have found a U.S. review of their junk-rated loans to have yielded similar results to last year, easing some concern among bankers about a crackdown on one of their most lucrative businesses.

  • NEW YORK, Aug 4- New York's top financial regulator said on Monday that Ocwen Financial Corp,, a company that collects home loan payments, may be funneling as much as $65 million in questionable fees to an affiliate, in a potential conflict of interest.

  • Berkshire profit soars 41% to a record Friday, 1 Aug 2014 | 6:54 PM ET
    Warren Buffett

    Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high.