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Zacks News
Markets Sell Off as Labor Market Data Looms
by Mark Vickery
This was the worst single trading day for tech stocks two years -- the worst for the chips segment since 2020.
Wells Fargo (WFC) Stock Moves -0.17%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $58.37 in the latest trading session, marking a -0.17% move from the prior day.
Wells Fargo Stock Rises 21.2% YTD: Should You Keep it on Your Radar?
by Riya Anand
WFC's diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
Pre-Markets Down Ahead of "Jobs Week"
by Mark Vickery
This is the latest Jobs Week, and one that comes only a week before the next FOMC meeting.
JPMorgan & Others Face Probe Over Interest in Cash Sweep Accounts
by Riya Anand
JPM, MS, WFC, RJF, BAC and others are under legal scrutiny for transferring clients' idle funds into sweep accounts with near-zero interest rates.
Citigroup Stock Soars 56.1% in a Year: Is It the Right Time to Buy?
by Riya Anand
C's business-transformation initiatives are expected to boost its performance, while ongoing regulatory issues are a concern. What should investors do?
Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Wells Fargo (WFC) Increases Despite Market Slip: Here's What You Need to Know
by Zacks Equity Research
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.72, denoting a +0.04% change from the preceding trading day.
SoFi Technologies (SOFI) Gains 9% in 3 Months: Is It Worth Buying?
by Arghyadeep Bose
SoFi Technologies' (SOFI) significant member growth, rising EBITDA, notable lending performance and strong valuation make it ideal for your portfolio.
U.S. Banks Soar as Fed Signals Rate Cuts Starting in September
by Riya Anand
U.S. bank stocks like C, JPM, WFC, EBMT, and FFWM rallied as the Federal Reserve signaled a rate cut beginning September.
JPMorgan (JPM) Stock Hits 2-Year High: Wait for the Dip or Buy Now?
by Swayta Shah
JPMorgan (JPM) stock briefly touches its two-year high. Should you consider buying the stock now or wait for the dip? Let's try to figure that out.
Deutsche Bank (DB) Settles 60% of Claims Related to Postbank Takeover
by Zacks Equity Research
Deutsche Bank (DB) settles the majority of the claims in the legal battle with former Postbank shareholders. This is likely to aid third-quarter financials.
Franklin (BEN) Stock Plunges 12.6% Amid SEC Probe Disclosure
by Zacks Equity Research
Franklin's (BEN) stock falls sharply as it replaces its CIO of Western Asset Management unit amid the SEC and the DOJ probe.
Wells Fargo (WFC) to Divest Majority of CRE Loan Servicing Unit
by Zacks Equity Research
Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.
Wells Fargo (WFC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
by Zacks Equity Research
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.15, denoting a -0.53% change from the preceding trading day.
Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?
by Riya Anand
Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
Investors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know
by Zacks Equity Research
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud
by Nikita Kataruka
The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.
Piper Sandler (PIPR) to Pay $16M Fine for Record-Keeping Lapses
by Zacks Equity Research
Piper Sandler (PIPR) agrees to pay $16 million in civil penalties to U.S. regulators to settle probes into its record-keeping practices.
U.S. Bank Stocks Fell Amid Concern of Economic Slowdown
by Riya Anand
Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.
Wells Fargo (WFC) Faces Anti-Money Laundering, Sanctions Probe
by Zacks Equity Research
Wells Fargo (WFC) discloses that it is under investigation for anti-money laundering and sanctions programs in its second-quarter SEC filing.
Wells Fargo (WFC) Rides on Cost Control Amid Lower Loan Growth
by Zacks Equity Research
Wells Fargo's (WFC) cost-saving initiatives, along with its rising deposit balance, are expected to support its financials. However, a subdued loan balance is likely to impede the top-line growth.
Wells Fargo (WFC) Faces Lawsuit Over Employees High Drug Costs
by Zacks Equity Research
Wells Fargo (WFC) faces a lawsuit that claims it violated a federal law requiring firms to manage employee health and retirement programs properly.
Wells Fargo & Company (WFC) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Citigroup (C) Stock Rallies 27.3% YTD: What's Next for Investors?
by Riya Anand
Citigroup's (C) strength in the IB business and improving fee-based income looks favorable. However, rising expenses are a concern. Should investors buy the stock or wait for a better entry point?