Wells Fargo stock soars to all-time high of $78.33
Company's stock has reached an unprecedented peak, setting an all-time high of $78.33. This milestone underscores a period of robust performance for the financial services giant, which has seen its stock value surge over the past year.
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Wells Fargo exits consent order. Is more regulatory progress coming?
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
RBC Capital Keeps Their Buy Rating on Chubb (CB)
RBC Capital analyst Scott Heleniak maintained a Buy rating on Chubb (CB – Research Report) yesterday and set a price target of $320.00. The
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Capital Markets Tech Provider Derivative Path Partners with Wells Fargo
Derivative Path, Inc., a provider of capital markets technology and derivatives execution services, announced a partnership with Wells Fargo.
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Wells Sheds Another Consent Order but Asset Cap Remains in Place
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank following its bogus-account scandal, with the Consumer Financial Protection Bureau terminating its 2022 consent order against the firm, according to Reuters.
Wells Fargo clears one penalty but remains under ‘close scrutiny’ by regulators
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
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Wells Fargo investment bank co-CEO to retire
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate and investment bank, the company said.
Ares Capital (ARCC) Gets a Buy from Wells Fargo
In a report released today, Finian O’Shea from Wells Fargo maintained a Buy rating on Ares Capital (ARCC – Research Report), with a price
T Mobile US (TMUS) Gets a Hold from RBC Capital
RBC Capital analyst Jonathan Atkin maintained a Hold rating on T Mobile US (TMUS – Research Report) today and set a price target of $240.00.
RBC Capital Sticks to Their Hold Rating for Fortis (FTS)
In a report released on January 27, Maurice Choy from RBC Capital maintained a Hold rating on Fortis (FTS – Research Report), with a price
Lockheed Martin price target lowered to $497 from $500 at Wells Fargo
Wells Fargo analyst Matthew Akers lowered the firm’s price target on Lockheed Martin (LMT) to $497 from $500 and keeps an Equal Weight rating