As earnings season rolls on, key themes from banks are emerging. Consumers are continuing to engage with their banks via mobile means, and branches are...
The initial headlines and initial takes on big bank earnings may have focused on the state of the consumer, on card spending, especially. But there’s...
Wells Fargo benefited from a strong economic environment and higher interest rates in 2023. Wells Fargo CEO and President Charlie Scharf said Friday (Jan. 12)...
Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season. Will...
Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...
Goldman Sachs has reportedly appointed Wells Fargo executive Paul Camp as its new head of transaction banking. Camp will also become a Goldman partner, Reuters reported Monday (Dec. 11). He...
Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. The price tag for those layoffs could come to between $750 million and just...
Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...
Former Wells Fargo CEO Tim Sloan has filed a lawsuit against the company, seeking over $34 million in unpaid compensation. Sloan alleged that Wells Fargo unlawfully...