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Stock Market & Financial Investment News

News Breaks
February 25, 2014
09:02 EDTWFCWells Fargo names A. Charles Thomas as Chief Data Officer
Wells Fargo & Company announced the appointment of A. Charles Thomas to the role of chief data officer. Thomas will join Wells Fargo from USAA where he served as the chief data and analytics officer. In this new role, Thomas will oversee the company’s data strategy, provide enterprise data governance, and determine ways to leverage data for improved risk management and customer experiences. He will join the company in early March and will be based in San Francisco. Thomas will report to Kevin Rhein, chief information officer and head of the Technology and Operations Group.
News For WFC From The Last 14 Days
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January 26, 2015
12:49 EDTWFCFederal Reserve discloses plan to improve U.S. payment system, WSJ reports
The Federal Reserve released a plan that would improve the U.S. payment system, saying the current outlook, which covers banking, checking, credit cards and online transactions is fragmented and outdated with respect to new technologies that may harm consumers, the Wall Street Journal reports. The Federal Reserve invited banks, credit card companies and payment processors to coordinate efforts. 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
07:45 EDTWFCFifth Third Bancorp to buy back $180M of stock from Wells Fargo
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January 23, 2015
07:23 EDTWFCBass does not expect large U.S. banks to break up
Publicly traded companies in the space include Bank of America (BAC), Citi (C), JPMorgan (JPM), and Wells Fargo (WFC). Kyle Bass of Hayman Capital continues speaking on CNBC.
06:42 EDTWFCU.S. banks preparing for prolonged low bond yields, Reuters says
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January 22, 2015
14:36 EDTWFCCFPB fines Wells Fargo, JPMorgan for kickback scheme
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January 16, 2015
16:36 EDTWFCMarket finishes week lower on continued oil, global growth worries
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