Wall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifte...

Companies laying off employees this week: A new wave of layoffs is impacting thousands of US workers this week as numerous companies announ...

Asian stocks declined as investors reduced holdings ahead of the weekend, awaiting progress on extending the US-Iran ceasefire. This follow...

The meeting, held at the Treasury Department in Washington on Tuesday, was aimed at ⁠ensuring banks are aware of the potential risks posed ...

Is a recession coming? Global stock market crash wipes out $3.2 trillion in 48 hours as oil prices surge near $85 on US-Israel-Iran war fea...

US bank stocks fell as investors digested mixed earnings from major lenders and concerns over a proposed credit card interest cap, which co...

Wells Fargo is paying. $19.5 million total. The reason? Secret call recordings. Between 2014 and 2023. No consent. No notice. That broke Ca...

Following a massive earthquake near Russia's Kamchatka Peninsula, tsunami warnings and advisories were issued across the Pacific, impacting...

Wells Fargo's profit rose 6% in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CE...

Rising borrowing costs have benefited banks that charged borrowers more on interest, but with market participants expecting rate cuts by th...

JPMorgan gained 0.9% and Citi fell 1.2%, while Bank of America fell 2.4% and Wells Fargo was down 2.3%. The banks combined set aside more t...

“In our view, equity downside will be driven by worsening economic conditions, a function of: aggressive monetary policy; potential capital...

With growing fears of a recession as the U.S. Federal Reserve hikes interest rates aggressively to tamp down inflation, reserves in the thi...

Wells Fargo’s stock took off last year amid signs that Charlie Scharf is making progress in his efforts to turn the lender around. The chie...

Charlie Munger took aim at trends including the Reddit-induced boom in stocks such as GameStop Corp. and the growth in SPACs, or special pu...

Stricter accounting standards for derivatives and off-balance-sheet assets would make the banks twice as big as size of the US economy

The battle for control of troubled bank Wachovia tilted toward Wells Fargo on Sunday as a federal judge temporarily block a New York state ...