Wells Fargo

Advisor Upside

Wall Street Reports a Mixed Earnings Bag in Q4

Photo by VladZymovin via iStock

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

2 min read

Photo via Spencer Jones/Plexi Images/GHI/UCG/Universal Images Group/Newscom

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
Photo via imageBROKER/JAQUE DA SILVA/Newscom

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
Photo via Spencer Jones/Plexi Images/GHI/UCG/Universal Images Group/Newscom

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

Photo via Avalon/Newscom

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

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

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
Photo by Bradley Andrews via Unsplash

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
Photo via IPA/ABACA/Newscom

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

Real Estate

Feast or Fluke? US Home Sales Hit Highest in Almost Four Years

Photo by Aiden Frazier via Unsplash

The roaring August demand put a serious dent in the glut of new homes on the market, with inventory falling to the lowest level this year.

2 min read

Photo via U.S. Patent and Trademark Office

CIO Upside

Wells Fargo Patent Highlights Fatal Flaw in Deepfake Detection Models

Synthetic content is becoming more realistic by the day. Can detection tech keep up?

1 min read
Photo via Rubaitul Azad

Finance

New York Accuses Bank-Backed Zelle of $1 Billion Security Bungle

Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.

2 min read
Photo by hapabapa via iStock

Finance

Markets Give a ‘Meh’ To Upbeat Wall Street Earnings

The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.

3 min read

Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

Photo by Aditya Vyas via Unsplash

The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read

Photo by Getty Images via Unsplash

Advisor Upside

Where Are Cash Sweep Lawsuits Now?

Lawsuits have been filed against a laundry list of brokerages, including Wells Fargo, LPL and others.

2 min read
Photo via Kris Tripplaar/Sipa USA/Newscom

Blockchain

Fiserv Connecting Thousands of Banks to Crypto with New Stablecoin Platform

Financial institutions are racing to get into stablecoins as the Genius Act makes its way toward POTUS Trump’s desk.

2 min read
Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Advisor Upside

Wells Fargo’s Hot on Energy, Financials. Not so Much on Consumers

The bank outlined where it intends to allocate investments over the next year and a half during a midyear outlook event.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.