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Stock Market & Financial Investment News

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May 28, 2014
11:20 EDTWFCWells Fargo CFO says keeping investment bank U.S.-centric
John Shrewsberry, Wells Fargo CFO, said the bank is very U.S.-centric in investment banking and is likely to remain that way. The bank has the opportunity to grow its market share in investment banking beyond the 5%-6% share it currently holds. Shrewsberry also said that the trading and sales side of the business never had the burden of legacy assets and is therefore not having any capital or liquidity issues. Trading and sales are also U.S.- centric and Wells Fargo doesn't see that business getting much larger over the next few years especially in the current regulatory environment. Comments were made earlier at the Deutsche Bank Global Financial Services Investor Conference.
News For WFC From The Last 14 Days
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August 28, 2015
06:21 EDTWFCWells Fargo front-runner to purchase GE's railcar unit, Bloomberg reports
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August 27, 2015
06:46 EDTWFCFed ups scrutiny of U.S. bank payment systems, WSJ reports
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06:34 EDTWFCBanks, investors may suffer from margin calls, WSJ reports
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August 25, 2015
11:12 EDTWFCNumerous analysts upgrade Bank of America amid market rebound
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August 24, 2015
12:26 EDTWFCAvolon Capital acquires Airbus A321-200 aircraft on lease to Vueling Airlines
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07:01 EDTWFCWells Fargo volatility at high end of range
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August 20, 2015
05:48 EDTWFCStocks with implied volatility movement; WFC XLI
Stocks with implied volatility movement; Wells Fargo (WFC) 16, Industrial Select Sector SPDR (XLI) 18 according to iVolatility.
August 18, 2015
17:35 EDTWFCWells Fargo to build additional car loan branches, Reuters says
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