News

Factbox-Wells Fargo's business in China, where senior executive faces an exit ban
HONG KONG (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a ...
Wells Fargo suspends China travel after employee exit ban, source says
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a person familiar with the ...
Wells Fargo exit ban revives fears about doing business in China
By Antoni Slodkowski, Casey Hall and Scott Murdoch BEIJING/SHANGHAI/SYDNEY (Reuters) -Fears that employees of foreign firms ...
U.S.-based Wells Fargo banker barred from exiting China, WSJ reports
A U.S.-based Wells Fargo banker who works in trade financing has been blocked from leaving China after traveling there ...
Wells Fargo profit beats estimates, cut to interest income forecast weighs on shares
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Wells Fargo expands its healthcare team, aims to hire more
Wells Fargo is expanding its healthcare team within its commercial bank and aims to hire more people at a time when the $1.95 ...
Wells Fargo profit rises on lower bad loan provisions
Wells Fargo's profit rose in the second quarter as it set aside less money to shield for potential bad loans. Shares of the ...
Morgan Stanley, Goldman, Wells Fargo reach settlement tied to Archegos collapse
Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid ...
Wall Street CEOs see some tariff impact filtering into customer behavior
Some top executives at Wall Street banks have been showing concern about higher inflation and potential deterioration of the ...
Large US banks say consumer finances are healthy despite tariffs
U.S. banking giants said consumers remained in good shape even after U.S. President Donald Trump's tariff policies roiled ...
U.S.-based Wells Fargo banker blocked from exiting China, WSJ reports
A U.S.-based Wells Fargo banker who works in trade financing has been blocked from leaving China after traveling there recently, the Wall Street Journal reported on Thursday.