BREAKING Donald Trump wins the 2024 presidential election NYSE - Delayed Quote ? USD Wells Fargo & Company (WFC-PA) Follow Compare 21.26 +0.33 (+1.58%) At close: November 5 at 4:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Native-Focused Organizations Receive More Than $6 Million in Grants From Wells Fargo’s Invest Native Initiative supports community groups in six states with focus on addressing economic opportunities SAN FRANCISCO, CA / ACCESSWIRE / November 4, 2024 / Across a six-state region, 33 nonprofits received a total of $6.4 million in grant funding from ... ACCESSWIRE ? yesterday WFC Why You Might Be Interested In Wells Fargo & Company (NYSE:WFC) For Its Upcoming Dividend Readers hoping to buy Wells Fargo & Company ( NYSE:WFC ) for its dividend will need to make their move shortly, as the... Simply Wall St. ? 2 days ago WFC Traders Amp Up Bullish Bets on Dollar Before Pivotal US Election (Bloomberg) -- Hedge funds and other speculative traders are positioned for a further rally in the dollar as demand for haven assets rises in advance of the US presidential election.Most Read from BloombergIstanbul Tries Free Public Transit to Help Job SeekersThe Answer To Making Cities More Family-Friendly? CourtyardsIs Denver’s Big Bet on E-Bikes Paying Off?In Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowHedge funds, Bloomberg ? 4 days ago WFC John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at Age 90 The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance. The Wall Street Journal ? 5 days ago WFC IBM Wells Fargo to Present at the BancAnalysts Association of Boston Conference SAN FRANCISCO, October 31, 2024--Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the BancAnalysts Association of Boston Conference on Thursday, Nov. 7, 2024 at 8:10 a.m. ET. Business Wire ? 5 days ago WFC Wells Fargo Offers Customers a Convenient Way to Check Out Online With Paze NEW YORK, October 29, 2024--Wells Fargo (NYSE: WFC) today announced that it now offers PazeSM,1 a new online checkout solution to all customers with eligible credit and debit cards. Business Wire ? 7 days ago WFC Another bad quarter for NYCB shows CRE problems are not yet behind banks Regional lender New York Community Bancorp delayed its plan to become profitable to 2026, offering a new reminder that commercial real estate problems are not totally in the rear-view mirror of US banks. Yahoo Finance ? 11 days ago NYCB WFC Wells Fargo may lose up to $3 billion on its office building loans WASHINGTON (Reuters) -Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio. "We've reserved for all of it, so the balance sheet is de-risked, but it's going to play out over three, four years," Scharf said at an event. He added that commercial real estate is performing very well overall, adding that concerns about the industry are decreasing as interest rates decline. Reuters ? 12 days ago WFC Wells Fargo & Company Announces Common Stock Dividend SAN FRANCISCO, October 22, 2024--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable Dec. 1, 2024, to stockholders of record on Nov. 8, 2024. Business Wire ? 14 days ago WFC Jim Cramer on Wells Fargo & Company (WFC) CEO Charlie Scharf: ‘Turns Out Scharf’s Just Real Smart’ We recently compiled a list of the Jim Cramer on Taiwan Semiconductor, Netflix, and Other Stocks. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands against the other stocks on Jim Cramer’s list. Jim Cramer, the host of Mad Money, recently expressed concern that some investors are […] Insider Monkey ? 16 days ago WFC Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio. Big banks should see NII start to improve as the yield curve normalizes. Motley Fool ? 19 days ago BAC WFC The one big bank that had a challenging week Investors cheered earnings from many of the biggest banks this past week, with one notable exception: Citigroup. A big reason was some confusion that took hold during the lender's quarterly call with analysts. Yahoo Finance ? 19 days ago JPM TD TDBKF Wells Fargo & Company (WFC): Among the Blue Chip Stocks With Low PE Ratios We recently compiled a list of the 7 Blue Chip Stocks with Low PE Ratios. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands against the other blue chip stocks with low PE ratios. In the current financial landscape, characterized by shifting market sentiments and evolving economic […] Insider Monkey ? 19 days ago WFC Union drive at Wells Fargo heats up as employees allege intimidation tactics Wells Fargo employees seeking to unionize say the bank fired members of their proposed bargaining unit ahead of a scheduled vote. LA Times ? 19 days ago WFC How Big Banks are using AI and what it means for workers JPMorgan Chase & Co. (JPM) CEO Jamie Dimon says while artificial intelligence (AI) is poised to boost productivity, banks need to do more to help the workers who will be displaced by the tech. Synechron Co-Founder and CEO Faisal Husain joins Seana Smith and Madison Mills on Catalysts to discuss what the company that advises nine of the 10 of the largest banks outside of China on AI is telling clients. “We believe that AI can play a big role in boosting productivity and thereby also reducing cost for a lot of financial institutions and also other enterprises. But at the same time, we're still in the very early stages of this technology. It will take time to get it to a point where, as Mr. Dimon says, it massively affects jobs. So I think it will be a gradual process.” Husain says it will take time for banks to see the full return on their investment in AI. “The technology is still evolving. It's evolving at a very fast pace. We're still trying to help our clients understand where it can be applied, how it can be applied, and people are going in different directions.” Synechron is telling clients, “Don't worry about finding the killer app for your company within your enterprise,” Husain says, telling that "productivity-focused initiatives" should initially be aimed at saving minute amounts of time in workflows first. "And use that as a way of leveraging AI within the enterprise rather than finding this nirvana, this killer app type of a solution which takes time.” To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 19 days ago MS MS-PQ BAC Wells Fargo (WFC): Top Low-Cost Stock with Strategic Investments We recently published a list of 10 Most Promising Low-Cost Stocks According to Hedge Funds. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands against other most promising low-cost stocks. Inflation Data Hints at a Lower Than 50 bps Cut The September Consumer Price Index data […] Insider Monkey ? 19 days ago WFC First of Its Kind Change Forum to Bring Together Military, Education, and Business Leaders at Georgetown University SAN FRANCISCO, October 17, 2024--Georgetown University and ZeroMils, a Veteran-owned social impact organization, will co-host the first national Military Thriving Change Forum October 23, 2024, at the Leavey Convention Center at Georgetown University. This groundbreaking event, sponsored by Wells Fargo, will bring together senior leaders from across public, private, and nonprofit sectors to create a blueprint outlining a path forward to improve military recruitment efforts. It intends to combat Business Wire ? 19 days ago WFC What's the next M&A catalyst as investment banking activity rises? Morgan Stanley (MS) capped off third quarter earnings season for major banks, topping estimates and driving dealmaking fees higher by 56% to $1.4 billion. This earnings cycle has noted a rebound in dealmaking activity from top investment banks, particularly in Morgan Stanley's bond underwriting and M&A advisory units. "The dealmaking pipeline that's been announced over the last quarter's earnings release is a great sign for all of the sectors. But in particular for banking, you have a lot of pent-up demand for deals, as we saw a dearth of transactions in 2023," PwC US banking & capital markets deals leader Dan Goerlich tells Yahoo Finance. "And as we move into 2024, a lot of the banks are undertaking initiatives to look at growth across the spectrum, but in particular in organic growth through deals." Goerlich expands upon his outlook for M&A activity and what it means for larger and regional banks, and how their priorities may differ: "You have mega banks that are looking at a wide variety of different initiatives that might be product offerings, technology, new plays in fintech, and other businesses like asset and wealth and broker dealers. And then when you get into the regionals, it's a more traditional banking environment where growth might come from bolting on a more traditional merger where you have upscale in leverage and scale, but you also have new products and offerings that might come from that tie up." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 20 days ago GS JPM MS Wells Fargo Leaves Core Advisor Pay Unchanged, But Cuts Some Small Client Payouts Wells Fargo brokerage unit is making it easier for advisors to qualify for a higher pay rate, but reducing some payouts on small accounts as part of its financial advisor compensation plan for 2025. National brokerage firms, also known as wirehouses, unveil compensation changes annually and generally try to avoid sweeping changes that may antagonize their brokerage forces. Like other brokerage firms, Wells Fargo pays advisors based on how much revenue they generate according to a grid that determines payouts. Barrons.com ? 20 days ago WFC The Future of Cars and Search Investors get their first glimpse at Tesla's robotaxi ambitions and how regulators might be looking to break up search giant Google. Motley Fool ? 20 days ago GOOG NFLX PEP Performance Overview Trailing total returns as of 11/5/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return WFC-PA S&P 500 YTD +10.62% +21.24% 1-Year +19.64% +32.68% 3-Year -2.63% +23.56%
