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Zacks News
Wells Fargo to Launch Two Accounts to Limit Overdraft Fees
by Zacks Equity Research
Wells Fargo (WFC) plans to introduce two accounts by early next year to help customers avoid overdraft fees.
Citigroup (C) to Hire 500 Tech Employees in Tampa Bay Area
by Zacks Equity Research
Citigroup (C) to create new technology-focused jobs as well as positions such as data engineers, software engineers and business and data analysts.
Wells Fargo Fined $3B by Regulators to Settle Sales Scandal
by Zacks Equity Research
Though the settlement of fake account litigation will help Wells Fargo (WFC) overcome a major hurdle, several other ongoing probes remain a drag on its financials.
Here's Why You Should Bet on Quality ETFs & Stocks
by Sweta Killa
Quality ETFs reduce volatility when compared to plain vanilla funds and hold up rather well during market swings.
Wells Fargo Nears Deal With Authorities Over Sales Scandal
by Zacks Equity Research
Though the settlement of fake account litigation will help Wells Fargo (WFC) overcome a major hurdle, several other ongoing probes will continue to weigh on its financials.
RBS to Change Name to NatWest Group, Slash Investment Banking
by Zacks Equity Research
Royal Bank of Scotland (RBS) continues to build its reputation and strengthen business by undertaking restructuring strategies.
Associated Banc-Corp Closes Acquisition of First Staunton
by Zacks Equity Research
Given the strong balance sheet position, Associated Banc-Corp (ASB) is expected to continue growing through acquisitions.
Wells Fargo Mulls to Lay Off 700 Tech Employees in Manila
by Zacks Equity Research
Wells Fargo (WFC) aims to control costs and improve efficiency with the job cuts in Manila.
Wells Fargo Streamlines Units, Restructures Accountability
by Zacks Equity Research
Wells Fargo (WFC) revamps business segments, along with formation of a new Strategy, Digital Platform & Innovation group.
6 New ETFs That Could be Investors' Favorite
by Sanghamitra Saha
These new ETFs have amassed solid assets within just months of launch and have seen solid price appreciation too.
U.S. Bancorp to Cut 62 Jobs as it Shutters Lockbox Services
by Zacks Equity Research
U.S. Bancorp's (USB) efforts to expand in digital payments industry are likely to boost performance.
January Sends Warning for 2020: Play Quality ETFs & Stocks
by Sanghamitra Saha
Some past performances of Wall Street show that the yearly equity return behaves in the same manner as that of January. Is it time to pick quality stocks and ETFs?
UBS Group Unit Under Investigation By Italy's Prosecutors
by Zacks Equity Research
UBS Group (UBS) is accused of hiding suspicious operations and obstructing work of the regulators.
Hilltop Holdings (HTH) to Divest Property Underwriting Unit
by Zacks Equity Research
Hilltop Holdings (HTH) will divest National Lloyds Corporation, in an all-cash deal to Align Financial. The deal is likely to be concluded in the second quarter of 2020.
JPMorgan (JPM) Mulls to Cut 1% Jobs in Consumer Division
by Zacks Equity Research
JPMorgan (JPM) is considering job cuts in its consumer unit, as technological advancements will require less workforce and also reduce costs.
Synovus (SNV) Stock Falls 7% as Q4 Earnings Miss, Costs Rise
by Zacks Equity Research
Synovus Financial's (SNV) Q4 results reflect rise in expenses, margin contraction along with higher revenues.
M&T Bank (MTB) in Focus: Stock Moves 5.3% Higher
by Zacks Equity Research
M&T Bank (MTB) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
Fifth Third (FITB) Q4 Earnings Miss Estimates, Costs Rise
by Zacks Equity Research
Fifth Third Bancorp's (FITB) fourth-quarter 2019 results reflect solid fee income growth, partially offset by higher expenses and provisions.
Navient (NAVI) Q4 Earnings Top Estimates as Expenses Decline
by Zacks Equity Research
Navient (NAVI) Q4 results reflect steady growth in loans and lower provisions, partially offset by fall in revenues.
7 Most-Searched ETF Areas in the Past 7 Days
by Sanghamitra Saha
Inside the ETF areas that are trending lately.
BofA (BAC) to Double Domestic Consumer Banking Market Share
by Zacks Equity Research
In sync with the bank's efforts to improve Consumer Banking segment, the CEO of BofA (BAC) mentions plans to double U.S. consumer market share.
The Zacks Analyst Blog Highlights: Apple, Applied Materials, Synopsys, Copart and State Street
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Applied Materials, Synopsys, Copart and State Street
Company News for Jan 20, 2020
by Zacks Equity Research
Companies in the news are: GPS, IMBI, TLRD, STT
State Street (STT) Q4 Earnings Top Estimates on Cost Savings
by Zacks Equity Research
Expense savings efforts and rise in fee income support State Street's (STT) Q4 earnings.
State Street (STT) Beat on Q4 Earnings & Revenue Estimates
by Zacks Equity Research
Lower costs support State Street's (STT) Q4 earnings.