Wells Fargo & Co. Stock News

JPMorgan staffers are organizing a union amid dissatisfaction with return-to-office policies. The unionization effort follows a similar, prolonged attempt at Wells Fargo with limited success.

2 Dividend Stocks to Hold for the Next 2 Years

When it comes to the financial sector, understanding the underlying impact of bank balance sheets and key performance indicators (KPIs) can be a daunting task. However, one common indicator is always subject to directly affecting the way a bank makes money on the bottom line, and that is the capital requirement set by government regulators.

Wells Fargo's asset cap has been lifted after seven years, highlighting the long-term impact of its scandals. WFC's prolonged restrictions have significantly affected its operations and growth opportunities relative to its competitors. Management is now free to produce growth.

Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend coverage. Current high yields are driven by elevated U.S. Treasury rates, which are unsustainable due to rising government interest expenses and deficit concerns. Government action to reduce the deficit will likely lead to lower interest rates, benefiting fixed-income sec...

RIO RANCHO, N.M.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Wells Fargo Bank (Wells Fargo) and local dignitaries joined CC Housing, a subsidiary of Catholic Charities, on June 3 at the grand opening of Felician Villa Apartments I and II, a senior housing complex in Rio Rancho, New Mexico. FHLB Dallas awarded a $750,000 Affordable Housing Program (...

Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong cap on growth.

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth.