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wells fargo

Wells Fargo News.

Katie Porter Obliterates Price-Gouging CEO – Watch Her Greatest Hits

September 30, 2020 UTC: 11:21 PM.
Katie Porter

Katie Porter is an American hero, and her latest lashing of big pharma CEO Mark Alles proves it. We’ve gathered her greatest hits.

Categories Political Opinion Tags Katie Porter, Mark Zuckerberg, wells fargo

Charlie Scharf’s Comments Are Why You Want Him as Wells Fargo CEO

September 24, 2020 UTC: 2:46 PM.
Charlie Scharf, Wells Fargo

Wells Fargo’s Charlie Scharf made insensitive diversity comments, but they underscore his willingness to be transparent about company issues

Categories Markets Opinion Tags Charles Scharf, wells fargo

Stocks Look Unstoppable – But the Banks Know Everyone’s Broke

July 15, 2020 UTC: 8:24 PM.
jamie dimon, wall street, stock market

Wall Street megabanks are making huge provisions for bad loan debt. This doesn’t fit with a buoyant stock market.

Categories Markets News & Opinions, Markets Opinion Tags Goldman Sachs, JPMorgan, wells fargo

Americans Are Clueless About the Stock Market – And They’re About to Get Burned

June 25, 2020 UTC: 1:21 PM.
American consumers, 2020

While Americans think more pain is ahead, they say it’s a good time to invest in the stock market. Investing when the market goes down isn’t a good idea.

Categories Markets News & Opinions, Markets Opinion Tags cboe vix, Robinhood, S&P 500, wells fargo

The Auto-Appocolypse Could Shove the U.S. Economy off a Cliff

June 3, 2020 UTC: 1:14 PM.
auto sales, usa

The subprime auto loan market was ballooning in 2019. With an unprecedented wave of delinquencies, it’s threatening to crumble the economy.

Categories Markets News & Opinions, Markets Opinion Tags United States, wells fargo

Why Banks Are Tightening the Screw on the U.S. Housing Market

May 11, 2020 UTC: 3:00 PM.
US housing market

With banks raising their lending standards due to coronavirus, lower mortgage rates won’t spur additional home sales.

Categories Housing Market, Markets Opinion Tags United States, wells fargo

Why the Housing Market Will Defy This Spooky Great Recession Echo

May 5, 2020 UTC: 6:12 PM.
housing market, mortgage rates

Mortgage rates are doing something we haven’t seen since the financial crisis. But this spooky echo to 2009 won’t cripple the housing market.

Categories Housing Market Tags Coronavirus, fannie mae, wells fargo

Bank of America Profits Cut in Half as Coronavirus Threatens U.S. Debt Bubble

April 15, 2020 UTC: 2:33 PM.
Bank of America

Profits at Bank of America and other financial institutions have fallen dramatically as they set aside billions for loan losses during the coronavirus crisis.

Categories Business News & Opinions, Business Opinion Tags Bank of America, Citigroup, Goldman Sachs, wells fargo

Coronavirus Recovery? These 3 CEOs are Betting Huge on Their Company’s Stock

March 21, 2020 UTC: 4:54 PM.
Wells Fargo bank

By choosing their own firms’ stocks to buy, the CEOs a Wells Fargo, Verizon and Brookfield Property are adding to investor confidence.

Categories Markets News & Opinions, Markets Opinion Tags Brookfield Property Management, wells fargo

A Repeat Win for Trump in 2020 Could Mean ‘Tax Cuts 2.0,’ Says Wells Fargo

December 15, 2019 UTC: 5:30 PM.
donald trump

President Trump architected sweeping changes to the tax code early in his presidency, and if he wins in 2020, Tax Cuts 2.0 could be afoot.

Categories Markets News & Opinions, Opinion Tags Donald Trump, wells fargo
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