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U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a person familiar with the matter told Reuters on Thursday.
Wall Street traders have scaled back bets on interest-rate cuts after Friday’s stronger-than-expected May jobs report. Interest-rate futures ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
2d
Stocktwits on MSNWells Fargo Stock Tumbles After Tepid Q2 Results, Guidance Cut For Net Interest IncomeShares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter.
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, sending the shares of the lender down 2% in trading before the bell. The bank expects its ...
Wells Fargo had three centres in India with Bengaluru, Hyderabad, and Chennai till last year, employing about 37,000 people ...
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