Why Bank Stocks JPMorgan Chase, Wells Fargo, and Citigroup Are Getting Slammed Today
Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo ( WFC -4.84%) traded 6.5% lower at that time, while shares of Citigroup ( C -6.25%) were down 7.5%.
As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...
Wells Fargo as announced another round of layoffs at its Jordan Creek Campus in West Des Moines, according to the state's Worker Adjustment and Retraining Notification website. The company's WARN ...
Snagging investment banking business with commercial clients is an especially high priority, an executive at the bank said.
For the second time in a month, Wells Fargo (NYSE: WFC) has filed plans to close a bank branch in Chapel Hill. This time it’s ...
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...
The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 targets it set for sector-specific financed emissions.
Originally set in 2021, Wells Fargo's net-zero goals aimed to curb greenhouse gas emissions linked to its financing ...
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