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Wells Fargo

A collection of news and information related to Wells Fargo published by this site and its partners.

Top Wells Fargo Articles

Displaying items 109-120
  • BofA Wealth boasts record first-quarter revenue but profit slows

    NEW YORK (Reuters) - Bank of America's wealth management businesses slowed in the first quarter, with profit at its Merrill Lynch brokerage and U.S. Trust private banking units slipping 6.5 percent to $729 million from $777 million in the last quarter...
  • Supreme Court Ruling on Aereo Will Be Significant, No Matter Who Wins

    When the Supreme Court hears oral arguments in the battle over television streaming service Aereo on April 22, it will be against a backdrop of two competing narratives. Broadcasters warn of the end of free TV as we know it if the start-up company is...
  • Parkway purchases Orlando highrise

    Parkway Properties Inc. has purchased the 19-story One Orlando Centre on Magnolia Avenue in downtown Orlando. The Orlando-based real estate investment trust purchased the 356,000-square foot building, along with its eight-story parking garage, as part...
  • Diebold gains some fans on cost cutting plans, ATM upgrades

    NEW YORK (Reuters) - The expansion of mobile banking may one day spell the end for large bank branches in the U.S., or even curtail the use of cash altogether. In the meantime, though, fund managers are buying Diebold Corp, the automated teller machine...
  • Mortgage Payment Isn't Late, So Why Do Banks Keep Calling?

    Mortgage Payment Isn't Late, So Why Do Banks Keep Calling?
    Greg Wolff doesn't need a calendar to know it's right after the first of the month: the phone calls from his mortgage company start coming, sometimes twice a day. And the Cheshire resident still has days left before the payment grace period runs out....
  • Citigroup earnings beat analyst estimates

    Citigroup earnings beat analyst estimates
    Citigroup Inc. reported an unexpected profit increase and beat analysts' estimates as the company recouped funds previously set aside for bad loans and cut losses at a division holding unwanted assets. First-quarter net income climbed 3.5 percent to $3....
  • TIAA-CREF to buy Nuveen Investments for $6.25 billion

    (Reuters) - TIAA-CREF, an insurer and asset manager focusing on workers at non-profit organizations, said it would acquire fund manager Nuveen Investments for $6.25 billion, seeking to expand its mutual fund and municipal bond offerings. The deal will...
  • Nuveen to be bought by TIAA-CREF in $6.25 billion deal

    Nuveen to be bought by TIAA-CREF in $6.25 billion deal
    TIAA-CREF plans to buy Chicago-based Nuveen Investments for $6.25 billion, a deal that gives local private equity firm Madison Dearborn Partners the chance to at least break even on a transaction it made in 2007 at the height of the buyout boom. Nuveen,...
  • GE Capital seen ripe for more slimming after credit card IPO

    (Reuters) - As General Electric Co starts spinning off its consumer credit card business, some on Wall Street are hoping that the U.S. industrial conglomerate will eventually slim down its GE Capital finance unit even further. Commercial real estate,...
  • JPMorgan on profit drop: Be relieved we aren't taking big risks

    (Reuters) - JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter...
  • JPMorgan profit weaker than expected as trading revenue falls

    JPMorgan profit weaker than expected as trading revenue falls
    (Reuters) - JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. Results from the first of the major Wall Street banks to post earnings...
  • Executive Profile: Victor F. Ciardelli III

     Executive Profile: Victor F. Ciardelli III
    The billboard seen by thousands of motorists on the Stevenson Expressway speaks volumes about Victor F. Ciardelli III's ambition as founder, president and CEO of Guaranteed Rate Inc. It doesn't advertise mortgage rates, although company billboards...