Wells Fargo & Co
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
The bank has a little over 210,000 employees as of Sep 30, 2025
Banks get US$2.6 trillion from deregulation, Jefferies says
[NEW YORK] Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according to Jefferies analysts, cementing the richer valuati...
Wells Fargo CEO says credit is strong, sees no cracks in banking system
[NEW YORK] Credit among consumers and businesses remains strong, despite recent concerns about loan losses that have weighed on bank stocks, Wells Fargo CEO Charlie Scharf said on Tuesday.
China lifts exit ban on Wells Fargo banker amid US trade talks
The Asian nation’s use of exit bans has been a point of contention between Beijing and Washington
China says Wells Fargo banker ‘involved’ in criminal case
Global banks have over the past few years scaled back their presence in the world’s second-largest economy as economic growth has slowed and political tension, most notably with the US over trade, inc...
Wells Fargo suspends China travel after employee exit ban: source
Some companies have cancelled or delayed trips to the world’s second-largest economy in recent years, while others have introduced safeguards such as advising staff to enter the country in groups rath...
JPMorgan is now worth more than three largest rivals combined
The Trump administration’s embrace of the cryptocurrency industry has breathed air back into some upstarts
US bank profits to climb on stronger trading, investment banking
[NEW YORK] Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.
Biggest US banks hike dividends, announce share buybacks after acing stress tests
[NEW YORK] US banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health check last week.
Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking activity