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WELLS FARGO CFO
Good news for REIT investors as they are likely to get higher returns and dividends due to this decision by RBI announced todayThe Reserve Bank of India has allowed banks to lend to Real Estate Investment Trusts. This move is expected to lower borrowing costs for RE...- RBI acts on fraud: Customers to get up to Rs 25,000 compensation for losses incurred in small value fraudulent transactions, announces RBIBank customers who fall victim to small value financial fraud can now receive compensation. The Reserve Bank of India announced this new po...
- Wells Fargo misses profit estimates on severance costs, shares fallWells Fargo reported lower profits, impacted by severance costs for operational streamlining. The bank's shares saw a significant drop. Des...
- BAC stock today falls despite Bank of America beating Q4 earnings estimates: What investors are worried aboutBAC stock: Bank of America shares saw a significant drop even after reporting strong fourth-quarter profits. The bank's net interest income...
- Trump’s tariffs may split the world into 3 rival blocs — here’s where each nation could landThe global economy might divide into three blocs. These blocs are led by the US, China, and the EU. Wells Fargo predicts a $3.8 trillion lo...
- BlackRock CEO Larry Fink warns US economy ‘very close, if not in’ recession amid Trump's trade turmoilBlackRock CEO Larry Fink has expressed surprise at the far-reaching impact of President Donald Trump's tariffs, which have sparked signific...
- Tech-heavy Nasdaq slides as yields rise, chip stocks fallNasdaq fell as U.S. Treasury yields hit growth stocks. Dollar Tree incurred a net loss. McDonald's predicted sales fall. Intel eased after ...
- Wells Fargo sells $2 billion of private equity investmentsLenders have been looking to improve efficiency and scale back less important bets, to better navigate the uncertainty as the Federal Reser...
- JPMorgan, Wells Fargo prepare for losses on office loansJPMorgan Chase and Wells Fargo said on Friday they set aside more money for expected losses from commercial real estate loans, in the lates...
- JPMorgan amasses deposits as customers move money to largest US bankThe largest U.S. lender gained $50 billion in deposits at the end of March, its first-quarter earnings report showed. That compares to Citi...
- Vatika group repays Rs 500 crore duesOf the total repayment, the company has repaid HDFC’s debt of over Rs 80 crore while Indiabulls Housing Finance has received nearly Rs 420 ...
- Wall Street earnings season gets under way with profitability at decade highWhile the US economy has taken off, banks’ loan growth hasn’t kept pace.
- India's best companies to work for 2017: The complete listBesides the top 10 best companies to work for, other organisations which ranked 11 to 100 offer up some exemplary human resource practices.
- Pace of growth spells trouble for IT which gets most revenues from financial services firmsThe Indian IT industry’s revenues grew 13.1% in fiscal 2015, with the country’s largest IT services firm, TCS, growing at 15 per cent and I...
- IT companies TCS, Infosys, HCL and Wipro in good spirits over buzz of discretionary boostRevenue for the top five Indian IT firms will grow between 1.1% and 3.7% in the December quarter compared with the previous three months.
- iGate chief Ashok Vemuri to give unit heads more powerAt the meet, organised by brokerage Wells Fargo, Vemuri told analysts that he will work to bring in more decentralisation and verticalisati...
- Infosys stays cautious,CFO says demand improving but growth could be choppy in near-termBansal said that the company would look into its cost structure as there was potential to reduce onsite and move more work offshore.
- Generous pay for new Freddie Mac CFOThe government-controlled mortgage finance company is giving CFO Ross Kari compensation worth as much as $5.5 million.
- Berkshire net income falls 64% because of derivativesBerkshire Hathaway Inc said on Friday its first-quarter profit fell 64 percent because it recorded an unrealized $1.6 billion pretax loss o...
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