wells fargo

Investor Concerns Over Credit Losses Pull US Bank Stocks Down

Investor Concerns Over Credit Losses Pull US Bank Stocks Down
Investor Concerns Over Credit Losses Pull US Bank Stocks Down
May 15, 2020  |  Investments

The U.S. banking industry is the runt of the litter of the current stock market rally as interest rates sink and loans crumble, according to...

READ MORE >
Goldman Looks For Bank Merger Partner
Goldman Looks For Bank Merger Partner
May 14, 2020  |  Partnerships

Wells Fargo, PNC and U.S. Bancorp are the names on the shortlist of whom Goldman Sachs might approach for a merger deal amid declining earnings...

READ MORE >
Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For FinTech Nium
Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For...
May 06, 2020  |  News

In today’s top news, officials are investigating wells Fargo regarding its management of Paycheck Protection Program (PPP) loans, and Visa led the latest funding round...

READ MORE >
Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Cybersecurity

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form...

READ MORE >
Today In Payments: Analysts Say Wells Fargo Road To Recovery Will Be Tough; N26 Notches $100M Amid Pandemic Uncertainty
Today In Payments: Analysts Say Wells Fargo Road To Recovery Will Be Tough; N26 Notches...
May 05, 2020  |  News

In today’s top news, analysts lowered Wells Fargo’s rating, and N26 raised $100 million in funding. Plus, U.S. banks have extended over $500 billion in...

READ MORE >
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

READ MORE >
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020  |  Bank Regulation

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic —...

READ MORE >
Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From Silver Lake
Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From...
May 04, 2020  |  News

In today’s top news, Google phone data shows variance around the globe for how people are following stay-at-home orders, and Silver Lake is investing $750...

READ MORE >