Odeon Capital Upgrades Wells Fargo (WFC) to Buy, says selling at a discount to book value
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Go back to Odeon Capital Upgrades Wells Fargo (WFC) to Buy, says selling at a discount to book value
April 17, 2023 7:01 AM EDT
The fifth largest bank in the country (by deposits) U.S. Bancorp, an undeniably systemically important bank that carries a national deposit footprint spanning a majority of states has been allowed by the Federal Reserve to hold shockingly low amounts of capital relative to assets
U.S. Bancorp which was one of a select group of "Category III" banks in 2019 that benefitted from the Federal Reserve's decision to reverse mandatory inclusion of "available-for-sale" unrealized losses in regulatory capital will now soon likely become a... More
April 14, 2023 6:59 AM EDT
SAN FRANCISCO--(BUSINESS WIRE)--
Wells Fargo & Company (NYSE: WFC) has released its first quarter 2023 financial results. The financial results are available online at... More
April 13, 2023 10:45 AM EDT
SAN FRANCISCO--(BUSINESS WIRE)--
Wells Fargo & Company (NYSE: WFC) today announced that Mary Mack will retire from the company this summer and Saul Van Beurden, head of Technology at Wells Fargo, will succeed Mack as CEO of Consumer & Small Business Banking (CSBB), effective May 15. Van Beurden will continue to report to CEO Charlie Scharf and will continue to serve on the companys Operating Committee. Tracy Kerrins, current head of Consumer Technology, will become head of Technology for the company, reporting to Scharf and serving on the companys Operating... More
