Wells Fargo also said it took a $447 million hit from repositioning its securities portfolio. Banks have been getting rid of lower-yielding securities so they can reinvest in higher-yielding ones.

A top deputy to Texas A.G. Ken Paxton gave the “inside story” on how he threatened Wells Fargo’s bond business and a lawsuit ...

Wells Fargo interest rates leave much to be desired. Here, you can find the current interest rates on Way2Save and Platinum Savings accounts.

Bank earnings have been largely positive in the second quarter despite concerns that tariffs would increase inflation and ...

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic ...

Richard Mark Baio, Executive VP & CFO, stated, "The second quarter marked a continuation of strong performance in both underwriting income and net investment income. Net income per diluted share ...

A federal judge in Minnesota dismissed a June 2024 complaint against Wells Fargo alleging the company and its plan fiduciaries violated the Employee Retirement Income Security Act by improperly using ...

Some things are too good to be true, but believe us when we tell you there’s a no-annual-fee credit card () you can use to earn rewards on a significant expense: housing. Bilt, the loyalty program beh ...

Netflix's second-quarter earnings beat expectations on top and bottom lines, and the streaming raised full-year revenue expectations. Shares of the company were down nearly 5% by midday on Friday.

Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday.

Demand is positive: Demand for goods and services remains positive, supported by healthy consumer and business balance sheets ...

The largest US bank by assets and deposits is expected to show net income in the quarter of about $12.8bn, according to ...