Jefferies Profit Soars—and Then Its Stock Tanks. What It Means for a Rebound in M&A.
The investment bank typically releases its results earlier than lenders such as JPMorgan Chase, offering a window into how ...
Wells Fargo hires former Chase exec as it chases credit card growth
Wells Fargo has shifted its focus from home mortgages to credit cards, which are increasingly popular for payments as well as ...
Wells Fargo CDs: Pros, Cons, and Current Rates
Discover how Wells Fargo CD rates can impact your savings strategy. Wells Fargo has special CDs and standard CDs with both ...
Wells Fargo Championship director shifts focus to next-gen sports executives
At the Wells Fargo Championship, Sobba was part of a tournament management team from Florida-based Pro Links Sports, the ...
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
Raymond James sees insured losses in the range of $11 billion to $17.5 billion and said the disaster could become the ...
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on ...
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market cooled substantially in 2024, as employers sharply curtailed hiring and workers faced increasing ...
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
6 Best Defense ETFs to Buy for 2025
XAR has an expense ratio of 0.35% and a dividend yield of 0.4%. The top five stocks in the fund include Rocket Lab USA Inc. ( ...
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
The Consumer Financial Protection Bureau has been a political punching bag for years, but on the eve of a new Trump ...
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The Wells Fargo & Co Enigma: What’s Causing the Wild Swings in WFC Stock?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.15% of ...