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Stock Market & Financial Investment News

News Breaks
November 28, 2012
17:44 EDTWFCWells Fargo: SEC does not intend to recommend any enforcement actions
Wells Fargo & Company previously disclosed the receipt of a Wells notice from the staff of the SEC relating to the company’s disclosures in mortgage-backed securities offering documents. On November 20, the company was notified by the Commission’s staff that this investigation has been completed and the staff does not intend to recommend any enforcement action by the Commission.
News For WFC From The Last 14 Days
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March 26, 2015
08:17 EDTWFCSEC Chairwoman proposes new 'dark pool' regulation, NY Post says
Securities and Exchange Commission Chairwoman Mary Jo White proposed new regulation Wednesday that would require high-frequency traders to register with the Financial Industry Regulatory Authority and provide the agency with a daily paper trail, reports the New York Post. The Post notes that there is a 60-day comment period before any SEC rule is finalized. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:11 EDTWFCWells Fargo to close Milwaukee office, cut 1,000 jobs, AP reports
Wells Fargo will eliminate about 1,000 jobs in Milwaukee as the bank closes its home lending servicing office in the city, The Associated Press reports. The bank said in an emailed statements that fewer customers have become delinquent on their payments as the economy has improved, and fewer customers have needed assistance to stay in their homes. Reference Link
March 24, 2015
07:45 EDTWFCMetLife CEO letter may be early sign of bank earnings headwinds, WSJ says
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07:27 EDTWFCTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 23, 2015
07:19 EDTWFCCapital Link to hold a forum
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March 19, 2015
11:53 EDTWFCU.S. banks face headwinds in unloading oil loans, WSJ says
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