[ad_1] JPMorgan, Bank of America, Citigroup and Wells Fargo have lost about $91 billion in market value over the past week. [ad_2] Source link
Tag: WFC
There’s a Silver Lining for Mortgage Companies in a Bleak Market
[ad_1] Home-loan originators are facing a tough environment, but some players could be seeing better profitability on mortgages. [ad_2] Source link
WSJ News Exclusive | Crypto Companies Behind Tether Used Falsified Documents and Shell Companies to Get Bank Accounts
[ad_1] In late 2018, the companies behind the most widely traded cryptocurrency were struggling to maintain their access to the global banking system. Some of their backers turned to shadowy…
Wells Fargo Chief Made $24.5 Million Last Year
[ad_1] Markets Finance Charles Scharf was eligible for his full target pay of $27 million but turned down a raise [ad_2] Source link
Rich Customers Pull Money From Banks Offering Paltry Interest Rates
[ad_1] Markets Finance Wealth-management clients are moving deposits into higher-yielding Treasurys and money-market funds [ad_2] Source link
WSJ News Exclusive | Banks Plan Payment Wallet to Compete With PayPal, Apple Pay
[ad_1] WSJ News Exclusive Finance Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout [ad_2] Source link
Banks Face Uphill Battle Even as Rates Rise
[ad_1] Markets Heard on the Street After posting a strong quarter, lenders face uncertainty about deposits and the economy [ad_2] Source link
Stock Futures Fall as Bank Earnings Roll In
[ad_1] Stock futures declined Friday as major banks reported results, part of a crucial earnings season that will shed light on how a slowing economy is impacting U.S. companies. [ad_2]…
Wells Fargo Is Shrinking Its Mortgage Business—Except Where It Isn’t
[ad_1] The bank worked to reassure real-estate agents, builders and other referral partners this week after saying it was narrowing the business. [ad_2] Source link