News

Oscar Health: Barclays, UBS, And Wells Fargo Downgraded, But The Real Story Says Buy
Oscar's strong revenue growth, improving profitability, and efficient SG&A management support my positive outlook. Read why ...
China’s Moves Against 3 Foreigners Stoke Anxiety
A Wells Fargo banker and a U.S. government employee were blocked from leaving and a Japanese pharmaceutical executive was ...
There’s a ‘scary’ recession warning hidden in the too-good-to-be-true economic data, Wells Fargo warns
"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo ...
Truist (TFC) Q2 2025 Earnings Call Transcript
The Motley Fool. DATE Friday, July 18, 2025 at 8 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — William RogersChief Financial Officer — Mike MaguireChief Risk Officer — Brad ...
Wells Fargo economists see tariffs’ toll on U.S. consumers ‘hiding in plain sight’
The fact that households are putting off auto repair, not taking an Uber and cutting back or eliminating air travel points to ...
Big Bank Earnings: We Like the Near-Term Outlook but Not the Stock Valuations
Quarter Money Center Bank Earnings. JPMorgan Chase JPM: At what pace are they able to gain share? Will they be able to earn ...
Investing Snacks2d
Wells Fargo’s China Travel Troubles: A Risky Retreat?
Wells Fargo just hit turbulence in China. The bank suspended travel there after one of its bankers was reportedly barred from ...
Wall Street Journal3d
As Depositors Get a Bit More, Wells Fargo Gets a Bit Less
Wells Fargo's Chief Financial Officer Michael Santomassimo told reporters on Friday morning that the “pace of change” for customers shifting cash to get higher rates “has slowed now ...
JPMorgan Flexes Revenue Muscle Again As Wells Fargo Battles NII Woes
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected ...
The Economy Seems Healthy. Were the Warnings About Tariffs Overblown?
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...
Financial Planning5d
Wells Fargo nods to bank-based advisors for $16B in inflows
In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with consumer bankers for a 10% increase in new assets.
Wells Fargo signals aggressive growth in deposits and loans after asset cap removal while maintaining 2025 net interest income target
Q2 2025 Management View CEO Charles W. Scharf highlighted the removal of the asset cap as a pivotal milestone, stating, "The lifting of the asset cap marks a pivotal milestone in our transformation, ...