Wells Fargo's investment banking fees jumped 59% to $725 million in the quarter compared with a year earlier. The bank also ...
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12 ...
Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell 1% ...
CEO Charlie Scharf says Wells is starting to generate growth in the consumer and business banking unit after years of little to no growth.
The bank also has Wells Fargo Special Fixed Rate CDs (with terms of four months, seven months and 11 months) available. Rates on most of the CDs are meager compared to online banks and credit ...
Wells Fargo WFC -0.03% has hired JPMorgan JPM -0.02% Chase executive Ed Olebe to lead its credit-card business, people ...