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Wells Fargo & Co

Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

by Ron Morgan
Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

The financial sector is making a comeback, and it looks to stay there. Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently. Still, we …

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Goldman Sachs is in the spotlight as Arm, Instacart test IPO market

by Anas Siddiqui
Goldman Sachs is in the spotlight as Arm, Instacart test IPO market

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ …

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House Republicans subpoena Citibank over data shared after Jan. 6

by Vera Ward
House Republicans subpoena Citibank over data shared after Jan. 6

Chairman Jim Jordan, R-Ohio, conducts the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. Brendan McDermid | Reuters Stock futures are near flat Wednesday morning …

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A Spanish bank is up more than 30% in 2023. BofA sees even more gains

by Walter Watson
A Spanish bank is up more than 30% in 2023. BofA sees even more gains

Banco Santander ‘s stock is in rare form this year. The Spanish lender’s U.S.-listed shares are up 32% in 2023, on pace for their biggest annual gain since 2009 — …

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Here’s what is behind the stock market’s selloff and what we’re doing about it

by Akin Smith
Here’s what is behind the stock market’s selloff and what we’re doing about it

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Stocks sink Eli Lilly surges …

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Wells Fargo, other Wall Street banks fined $549 million for record keeping failures

by Anas Siddiqui
Wells Fargo, other Wall Street banks fined 9 million for record keeping failures

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, …

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CFPB junk fee proposals weighed by Senate Banking Committee

by Vera Ward
CFPB junk fee proposals weighed by Senate Banking Committee

Signage at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — Members of the Senate Banking Committee jostled Wednesday over whether the leading …

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Wells Fargo announces $30 billion buyback, shares rise

by Vera Ward
Wells Fargo announces  billion buyback, shares rise

Wells Fargo building in San Francisco. Source: CNBC Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its …

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Biogen to cut 1,000 jobs as company prepares for Leqembi launch

by Akin Smith
Biogen to cut 1,000 jobs as company prepares for Leqembi launch

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen on Tuesday said it expects to cut approximately 1,000 jobs, or about 11% of its workforce, to save costs …

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