Wells Fargo

Patent Drop

Wells Fargo Cloud Patent Could Fight Data Security Risks

Photo via U.S. Patent and Trademark Office

Wells Fargo’s recent patent wants to make sure you can trust the cloud.

2 min read

Photo by NoeHill via CC BY-SA 3.0

Banking

Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

1 min read
Photo by Toonari Post via CC BY-SA 2.0

Advisor Upside

Why This Little-Known Wall Street Revenue Stream Is Drying Up

The jig may be up for cash sweeps, which have long been one of Wall Street’s most lucrative — and hush-hush — revenue streams.

2 min read
Photo by Hapabapa via iStock

Advisor Upside

BlackRock Hits Record AUM as Wall Street Banks Report Solid Earnings

CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.

1 min read

Advisor Upside

Wells Fargo Fires Employees for Pretending to Work

Photo by Nick Sarvari via Unsplash

Wells Fargo said the allegations involved “simulation of keyboard activity” that created the “impression of active work.”

2 min read

Banking

US Lenders Have $1 Trillion Tied Up in Shadow Banks

Photo by Ernie Journeys via Unsplash

The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

2 min read

Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

(Photo by Kenny Eliason on Unsplash)

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read

(Photo Credit: Alexander Grey/Unsplash)

Finance

Online Banks Are Winning This Year’s Deposit Wars

2 min read
Photo credit: Griffin Wooldridge/Unsplash

Banking

Wells Fargo Fears the Union Boogeyman

2 min read
Photo credit: Joe Mabel/Wikimedia Commons

Banking

Big Banks Stumble and Soar Through Post-SVB Landscape

2 min read

Sign Up for The Daily Upside to Unlock This Article

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