New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 15, 2014
07:37 EDTWFCWells Fargo should be bought on any weakness, says RW Baird
Baird would be buyers of Wells Fargo on any weakness following Q4 results. The firm sees improving loan growth, declining expenses, and additional reserve release. Shares are Outperform rated with a $50 price target.
News For WFC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 26, 2015
15:02 EDTWFCFed extends capital surcharge for SiFi banks comment period to April 3
The Federal Reserve extended until April 3 the comment period for its proposed rule to implement capital surcharges for the largest, most systemically important U.S. bank holding companies. The Fed extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by March 2. The proposed rule would establish a methodology to identify whether a firm is a global systemically important banking organization and would also establish the size of a firm's risk-based capital surcharge. The proposal is designed to further strengthen the capital positions of these institutions. Large U.S. banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
10:50 EDTWFCNew York regulator considering cybersecurity, cash laundering controls, WSJ says
Subscribe for More Information
February 24, 2015
07:12 EDTWFCWells Fargo to hold a conference
Subscribe for More Information
February 19, 2015
06:47 EDTWFCReport shows subprime consumer loans at pre-2007 levels, WSJ says
Equifax (EFX) has released a report stating nearly 40%, or 50M, of auto loans, credit cards, and personal loans during the first 11 months of 2014 were made to subprime customers, the highest levels since the 2007 financial crisis, reports the Wall Street Journal. LendingTree (TREE) Chief Marketing Officer Gabriel Dalporto attributes the growth to nonbank lenders under less regulatory scrutiny than large banks. 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
February 18, 2015
07:21 EDTWFCJPMorgan, Citi top government report of riskiest banks, Reuters reports
Subscribe for More Information
February 12, 2015
15:38 EDTWFCFed to release results from latest bank stress tests in March
The Federal Reserve Board on Thursday announced that results from the latest supervisory stress tests conducted as part of the Dodd-Frank Act will be released on Thursday, March 5, and the related results from the Comprehensive Capital Analysis and Review, CCAR, will be released on Wednesday, March 11. Results for both exercises will be released at 4:30 p.m. 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
07:31 EDTWFCEconomic Club of Las Vegas to hold a discussion
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use