Bozzuto, Invesco form $1 billion joint venture to buy multifamily assets across the East Coast. 1st investment was in Orlando, Fla.

Wells Fargo (WFC) stock dipped 2.1% in Tuesday premarket trading after the bank trimmed its 2025 net interest income guidance ...

Wells Fargo was once among the largest buyers of highest-rated CLO bonds, alongside other banks including JPMorgan Chase & Co. and Bank of America Corp.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with consumer bankers for a 10% increase in new assets.

termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...

The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that was established in 2018 in response to the bank’s fraudulent ...

Wells Fargo’s 401 (k) forfeiture suit gets dismissed, aligning with JP Morgan’s dismissal This latest forfeiture lawsuit dismissal aligns with recent decisions from other federal courts ...

Wells Fargo & Co. is shuttering its West End Center in downtown Winston-Salem, eliminating 150 jobs. Operations in the 379,000-square-foot center at 809 West 4½ St. are expected to cease as early ...

Wells Fargo urges investors to steer clear of one asset and shift to US stocks. Find out what they’re avoiding—and if you should follow their lead.

Bank of America BAC and Wells Fargo WFC are two of the U.S. Big Four banks and are designated systemically important financial institutions. Both generate substantial net interest income (NII) and ...