Wells Fargo’s third-quarter earnings report was marked with mixed results on Friday (Oct. 13), as the beleaguered bank — rocked by scandals tied to sales activities and fake account openings, among other practices — missed top-line estimates but beat on earnings per share. Within those results, however,...
Amid bank earnings that launched last week, Wells Fargo’s fourth quarter report on Friday (Jan. 13) showed that the company is still grappling with the fraud scandal that has hit customer trust. As noted by the company in its release and as recounted by The...
Tim Sloan’s debut as Wells Fargo’s new CEO left The Street nonplussed. Bloomberg reported that the new executive “had a rocky Wall Street debut” as the firm reported less information about the sham accounts bedeviling the firm in the headlines and beyond, frustrating analysts. Sloan...
December 06, 2017
Might Wells Fargo be turning a corner with a bit of tailwind from tax reform? CNBC reported that the company’s CEO, Tim Sloan, speaking at a banking conference held by Goldman Sachs on Dec. 5, said customer interaction with Wells has seen “reasonable momentum” and that the tax reform bill that passed in Washington just […]
January 16, 2017
Amid bank earnings that launched last week, Wells Fargo’s fourth quarter report on Friday (Jan. 13) showed that the company is still grappling with the fraud scandal that has hit...
October 17, 2016
Tim Sloan’s debut as Wells Fargo’s new CEO left The Street nonplussed. Bloomberg reported that the new executive “had a rocky Wall Street debut” as the firm reported less information...
