Chris Harvey, Wells Fargo Securities head of equity strategy, joins 'Fast Money' to talk his market predictions for 2025.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.
The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against major banks JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC), along with Zelle's operator Early Warning Services. The bureau alleges these financial institutions failed to adequately protect consumers from fraud, claiming Zelle was launched without sufficient fraud protection measures, and the banks failed to assist customers in recovering stolen funds.
Wells Fargo has withdrawn from a group of global banks committed to curbing greenhouse gas emissions, increasing the number of high-profile firms exiting climate initiatives amid mounting political pressure.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the latest trading session, Wells Fargo (WFC) closed at $70.81, marking a -1.63% move from the previous day.
WFC's efforts to reduce costs and progress to fix compliance issues look encouraging. Let us find out whether the stock is worth investing in.
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.
Wells Fargo's CEO reportedly has more confidence in his bank's efforts to remedy its compliance issues. Charlie Scharf's comments, as reported Wednesday (Dec. 11) by Reuters, follow the banking giant's years-long fake account scandal.
Wells Fargo & Company (NYSE:WFC ) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 8:40 AM ET Corporate Participants Charlie Scharf - Chief Executive Officer and President Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Good morning, everybody, and welcome to day two of our 35th Annual Financial Services Conference. It's a pleasure to see you all here, and thank you for joining us.
Wells Fargo CEO Charlie Scharf expressed more confidence on Wednesday in the bank's progress to fix compliance problems after its years-long fake accounts scandal, detailing its efforts to implement risk controls.