News: Wells Fargo & Co (WFC)

WFC on New York Consolidated

50.90USD
31 Jul 2014
Price Change (% chg)

$-1.20 (-2.30%)
Prev Close
$52.10
Open
$51.86
Day's High
$51.88
Day's Low
$50.89
Volume
19,642,204
Avg. Vol
14,480,960
52-wk High
$53.08
52-wk Low
$40.07

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Fri, Jul 25 2014

Ex-Bank of America trader avoids prison in muni bond case

NEW YORK - A former Bank of America Corp derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7 trillion municipal bond market.

Ex-Bank of America trader avoids prison in muni bond case

NEW YORK, July 25 - A former Bank of America Corp derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7 trillion municipal bond market.

Itaú Unibanco raises $480 million from OPIC, Wells Fargo loans

SAO PAULO - Itaú Unibanco SA borrowed a combined $480 million from a U.S. government-run lender and Wells Fargo & Co, as Latin America's largest bank by market value is increasingly using loan markets to finance clients in Brazil, its home turf.

Itaú Unibanco raises $480 mln from OPIC, Wells Fargo loans

SAO PAULO, July 15 - Itaú Unibanco SA borrowed a combined $480 million from a U.S. government-run lender and Wells Fargo & Co, as Latin America's largest bank by market value is increasingly using loan markets to finance clients in Brazil, its home turf.

Harman British Open bound after winning in Illinois

- American Brian Harman clinched a late ticket to the British Open when he won the John Deere Classic by one stroke in Silvis, Illinois, on Sunday.

Journeyman Harman leads by one at John Deere Classic

- Brian Harman hit almost every fairway and green to shoot six-under-par 65 and lead fellow American Steve Stricker by one stroke after the third round at the John Deere Classic in Silvis, Illinois, on Saturday.

Wells Fargo mortgage revenue drops, shares fall

- Wells Fargo & Co, the fourth-largest U.S. bank, reported a 39 percent drop in mortgage revenue for the second quarter as lending volume dropped, underscoring the urgency for the bank to find other sources of income growth. | Video

Wells Fargo's focus on energy shows growth strategy

NEW YORK - Wells Fargo & Co is angling to cash in on the U.S. energy boom, as the fourth-largest U.S. bank looks for new avenues of revenue growth to overcome a slump in mortgage lending, its traditional driver of profits.

UPDATE 2-Wells Fargo's focus on energy shows growth strategy

(Updates with most recent figure on Smead Capital's assets)

Wells Fargo's focus on energy shows growth strategy

NEW YORK, July 11 - Wells Fargo & Co is angling to cash in on the U.S. energy boom, as the fourth-largest U.S. bank looks for new avenues of revenue growth to overcome a slump in mortgage lending, its traditional driver of profits.

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