[ad_1] The major stock averages bounced back Friday, despite the release of a stronger-than-expected U.S. jobs report and another jump in Treasury yields. Investors initially dumped stocks and bond rates…
Tag: Wells Fargo & Co
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
[ad_1] David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC The return of large tech IPOs this week after a prolonged drought isn’t just a test of…
UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
[ad_1] General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed…
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
[ad_1] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September…
JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test
[ad_1] Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023. CNBC Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan…
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
[ad_1] Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol…
Analysts are super bearish on these 13 global stocks and expect them to sink
[ad_1] Several investment banks are urging caution as the stock market continues its rally despite a worsening economic backdrop. Morgan Stanley earlier this month predicted that European markets would decline…
Dow falls more than 100 points as traders assess first batch of earnings, fresh economic data: Live updates
[ad_1] Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell Friday as investors assessed a weak retail sales report, as well as stronger-than-expected corporate earnings. The 30-stock…