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Wells Fargo

Will the earning season steal the spotlight from trade?

By Hussein Sayed | April 9, 2018

Friday’s steep declines in the markets were driven by weak employment report and a war of words between the United States and China, but seemed to have been shrugged off in Asia trade. While trade tensions and geopolitical risks are likely to keep the appetite for risk in check, investors will have new information to digest this week, particularly earnings from big banks and U.S. inflation data.

Wells Fargo's profit flat, mortgage banking revenue down

By Reuters | April 13, 2017

Wells Fargo & Co, which has been mired in litigations stemming from a sales scandal, posted a nearly flat first-quarter profit, hurt by lower mortgage banking revenue and higher expenses.

Wells Fargo says no 2016 cash bonuses for eight senior executives

By Reuters | March 1, 2017

Wells Fargo fund business on the defensive amid sales scandal

By Tim McLaughlin, Reuters  | February 21, 2017

When a scandal over unauthorized accounts rocked Wells Fargo & Co's retail division last fall, executives at its asset management arm sprang into action to limit its fallout at an already tough time for their business.

Futures give up some gains after bank reports

By Reuters | January 13, 2017

U.S. stock index futures gave up some gains on Friday after disappointing quarterly reports from Bank of America and Wells Fargo. Shares of Bank of America fell 0.7% to $22.76 in premarket trading after the lender's quarterly profit beat estimates, but its revenue fell short.

Fed's Dudley: Banks need to ensure employee incentives in line with good conduct

By Reuters | October 20, 2016

Banks need to continue to monitor the way they reward employees to ensure they promote good conduct, one of the country's top financial regulators said on Thursday.

CFTC orders Wells Fargo to pay $400k penalty for inaccurate large trader reports

By Press Release | September 27, 2016

The U.S. Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges against Wells Fargo Bank N.A. (Wells Fargo) for failing to comply with its obligations to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of the Commodity Exchange Act and CFTC Regulations 20.4 and 20.7.

Wells Fargo will pay $190 million to settle customer fraud case

By Reuters | September 8, 2016

Wells Fargo will pay $185 million in penalties and $5 million to customers that regulators say were pushed into fee-generating accounts that they never requested, officials said on Thursday.

Credit Suisse to create U.S. banking business for billionaires

By Olivia Oran, Reuters | July 29, 2016

Credit Suisse Group AG, which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires.

Top 10 biggest companies in the world

By Futures Staff | May 26, 2016

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Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
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    • Forex
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    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
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    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
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