Wells Fargo

Advisor Upside

Inside Wall Street’s Blockbuster Second Quarter

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Strong market conditions and the need for sophisticated advice were major boons for wealth units in Q2.

2 min read

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Banking

Wall Street Takes In Record Haul, Projecting US Economic Health

Trading desks benefited from heightened stock trading around Iran War-related volatility, while mega deals fuled investment banking units.

2 min read
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Banking

Wall Street Banks Weigh Buying Card Payment Network to Escape Fee Caps

The Electronic Payments Coalition has said issuers have lost tens of billions in revenue because of the interchange fee cap.

2 min read
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Banking

Citigroup Surges as Fraser’s Overhaul Yields 42% Profit Growth

CEO Jane Fraser, who took over in 2021, has won plaudits for executing a multi-year reordering of the bank’s sprawling global structure.

2 min read

Banking

Wall Street Predicts Record Trading Revenue amid Market Jitters

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The upbeat earnings reports Wall Street expects from the largest US banks are once again being overshadowed — this year, by the Iran War.

2 min read

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Banking

JPMorgan Puts Together a Bailout for the American Dream

The bank says it will increase access to capital, advice and training for 10 million small businesses, up from the 7 million it serves today.

2 min read
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Advisor Upside

What’s the Game Plan for Advising Young Sports Stars?

As rookies and student athletes earn big paychecks, advisors are acting as a second coach to keep them financially grounded.

2 min read
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Advisor Upside

RIA Boom Redraws Wealth Management Map

Assets at independent advisory firms grew at an annualized rate of 11% over the past five years, while wirehouse assets increased just 8.5%, according to recent data.

5 min read

Advisor Upside

Wall Street Reports a Mixed Earnings Bag in Q4

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The country’s biggest banks released quarterly reports this week, while their stock prices slumped.

2 min read

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Banking

Freed from Asset Cap, Wells Fargo Ramps up Lending

Loans in Wells Fargo’s corporate and investment banking business climbed 14% in the three months through December.

2 min read
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Cryptocurrency

Burned Bitcoin Investors Enter New Year with Less Swagger

Bitcoin, the No. 1 crypto by market cap, hasn’t recovered from a flash crash, chopping more than $1 trillion from the broader sector’s value.

2 min read
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Finance

Unchained Wells Fargo Heads into 2026 With Fresh Momentum

For the first time since 2018, the Wells Fargo stagecoach is rolling into a new year without the burden of a Federal Reserve asset cap.

2 min read

Banking

Investor Summit Gives Bank of America a Chance to Soothe Angsty Investors

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Compared its peers, BofA has lagged in expanding into less traditional activities such as wealth management, credit cards and loan growth.

2 min read

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Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read
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Advisor Upside

Wealth and Asset Units for BlackRock, Goldman and More Shine in Q3

Pretty much all of Wall Street reported another quarter of stellar earnings this week.

2 min read
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Banking

Goldman Sachs Leaves Rivals Vying for Silver, Bronze Medals in Dealmaking Matchup

The bank reported Tuesday that it made $2.6 billion in investment banking fees in the third quarter, a 42% year-over-year surge.

2 min read

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