Big banks enter the Trump era on a high note: Morning Brief
The chart of the day What we're watching What we're reading Economic data releases and earnings When rates are high the nation's biggest banks win. Under the next president, with less oversight, they ...
Wells Fargo’s chief has 15 pieces of advice for the next generation of investors—and even beginners could take note
Although he has climbed Wells Fargo’s ranks since 1992, according to his LinkedIn, the note marks the ten-year anniversary of Wells Fargo Investment Institute, an investment advisor and subsidiary of ...
Consumer Spending Remains Strong, Says Wells Fargo Finance Chief
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
American Express Is Spiking Higher -- Here's Why
However, the financial sector was one of the better performers, and American Express (NYSE: AXP) was up by as much as 5%.
JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
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Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s ...