Wells Fargo (WFC) has been garnering attention in the stock market, with numerous investors heavily researching and buying up its shares. The bank has seen various key developments, including hiring Fernando Rivas as Co-CEO of its Corporate & Investment Banking division and settling a $800K Schilling Fraud Case. Wells Fargo's Q1 2024 earnings beat estimates despite lower interest income denting its profits and reports of a drop in its net interest income. The bank's stock displays high market momentum but has lacked behind in market gains on some days. It posted a higher Q4 profit, propelled by higher interest rates and cost-cutting measures.
Wells Fargo WFC News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 05:44:21 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -2