Tag: Wells Fargo & Co
Morgan Stanley (MS) earnings 2Q 2023
CEO of Morgan Stanley James Gorman speaks in New York, May 6, 2014.Getty ImagesMorgan Stanley on Tuesday posted second-quarter earnings and revenue th [...]
Apollo, Blackstone happy about tougher bank rules
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the N [...]
JPMorgan Chase (JPM) earnings 2Q 2023
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., at the US Capitol for a lunch meeting with the New Democrat Coalition i [...]
Bank of America fined for consumer abuses, fake accounts, bogus fees
A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016.Chris Keane | Bloomberg | Getty ImagesBan [...]
JPM, WFC, MS boost bank dividends after Fed stress test
Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023.CNBCLarge U.S banks including JPMorgan Chase, Wells Fargo and Morgan Sta [...]
Biggest banks weathered severe recession
Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House a [...]
Warren Buffett says American banks could face more turbulence ahead, but deposits are safe
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. ban [...]
Jim Cramer says not to fear bearish economic talk from bank CEOs
CNBC's Jim Cramer on Wednesday told investors that they should take gloomy economic commentary from bank executives with a grain of salt. "Don't panic [...]
Wells Fargo, BofA CEOs say consumer demand is cooling, recession looms
Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites.Richard Baker | In Pictures | Getty ImagesAmerican cons [...]
Jim Cramer’s Investing Club meeting Wednesday: Fed speech, stock picks
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments [...]
Goodwill helps bring thrifting into the mainstream with online store
Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming.During the Covid pandemic, secondhand store [...]
Fintech banking app Dave wants to dispel doubts after 97% stock plunge
Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according [...]
Estee Lauder's stock jumps as China loosens Covid rules, in line with Club investment case
Estee lauder (EL) popped after China loosened its Covid restrictions, a move we've long predicted.
www.cnbc.com [...]
Consumers are cutting back on holiday gift buying amid higher inflation
Inflation is weighing heavily on the holidays this year.Roughly half of shoppers will buy fewer things due to higher prices, and more than one-third s [...]
Strong GOP showing in midterm elections likely good for energy
CNBC's Jim Cramer said he anticipates a near-term rally in energy stocks if Republican candidates perform well in Tuesday's midterm elections and win [...]