JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Two of the oldest and most well-known banks in the United States, JPMorgan Chase & Co. (JPM) and Wells Fargo & Company (WFC), offer private banking services to account holders who maintain balances ...
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 ...
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
The vote of confidence marks a notable win for Citi CEO Jane Fraser, who has been looking to improve the bank's profitability since taking the helm in 2021. Wells Fargo's Mike Mayo, known for his ...
Big Bank stocks are rising on Wednesday after releasing their fourth quarter earnings, with JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS) gaining after reporting ...
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...