Wells Fargo Approves $30 Billion Buyback Plan
San Francisco-based lender Wells Fargo & Co. announced its plan to repurchase as much as $30 billion of its shares and boost its dividend. The...
Tag : Wells Fargo
Top US Banks Exceed Earnings Estimates on Rising Interest Rates
Asia’s Nikkei reported that top US banks delivered solid quarterly profit growth on Friday, beating analysts’ expectations, as the sector’s biggest lenders shrugged off the...
Wall Street Ends Volatile Week as Fed Officials Ease Concerns about Banks
US stocks ended higher on Friday, marking the end of a turbulent week, as Federal Reserve officials calmed investor concerns about a potential liquidity crisis...
11 US Banks Announce $30 Billion Bailout for First Republic Bank
The United States eleven biggest banks declared a $30 billion rescue package for First Republic Bank to save the California-based bank from becoming the third...
Wells Fargo Releases its Profit Fall as Q3 Results
According to the reports, On Friday, Wells Fargo & Co reported a 31 per cent decline in Q3 profit, as the bank racked up prices...
Wells Fargo Arrive at $94 Million Settlement over Mortgage Forbearance during Pandemic
Wells Fargo & Co has arrived at a USD 94 million settlement for resolving class-action claims it sent to more than 200,000 struggling mortgage borrowers...
Berkshire Hathaway Invests in Four Large Drugmakers
On Monday, Berkshire Hathaway Inc. said that it has begun betting in pharmaceutical sector by investing in the stocks of four large drugmakers.As of September 30, Warren...
Yes Bank has received another USD 150 mn from OPIC for funding SME lending
Yes Bank has got another round of USD 150 million funding from the US government and Wells Fargo to fund SME lending. This has been...