Wells Fargo Hires New Head of Cards

Wells Fargo hires JPMorgan executive as head of cards and merchant services
Wells Fargo appoints new head of Cards and Merchant Services
Wells Fargo Hires New Head of Cards From JPMorgan
Wells Fargo has hired JPMorgan Chase's former president of branded cards to lead its cards business. The bank said Tuesday that Ed Olebe has been named head of cards and merchant services, effective immediately.
Wells Fargo Full Year 2024 Earnings: EPS Beats Expectations
The primary driver behind last 12 months revenue was the Consumer Banking and Lending segment contributing a total revenue of US$32.6b (42% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$48.6b (82% of total expenses). Explore how WFC's revenue and expenses shape its earnings.
Wells Fargo: Likely Fairly Valued (Rating Upgrade)
Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance. Read why I upgrade WFC stock from sell to hold.
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Multifamily Mavens: Wells Fargo’s Vanessa Rodriguez and Peter Cannava Talk Shop
The pair preach teamwork as the banking giant plunges further into different aspects of a housing market in desperate need of the stuff.
Wells Fargo, Merrill Lynch, LPL settle SEC charges
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay $18 million.
Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%.
Wells Fargo Stock: Good Times Ahead
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading.
Wells Fargo’s economic outlook disappoints those seeking next Fed rate cut
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.
Wells Fargo Shares Rise as Bank’s Cost-Cutting Efforts Take Hold
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf continues to whittle headcount as part of broader efforts to slash costs and remake the bank.
Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year. The bank's shares rose 3.5% to $73.
Wells Fargo: Strong 2024 Performance and Positive 2025 Outlook Justify Buy Rating
Wells Fargo (WFC – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Glenn Thum from
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Wolfe Research Issues Outperform Rating for Wells Fargo & Co (WFC) Stock
Wells Fargo & Co (WFC) stock saw a modest uptick, ending the day at $77.08 which represents a slight increase of $1.13 or 1.49% from the prior close of $75.95. The stock opened at $75.98 and touched a low of $75.