Wells Fargo & Company said Friday it has been hit with a cease and desist order from the Federal Reserve.
The order limits its assets to $1.95 trillion, thus blocking the bank's expansion.. Source: Wochit -
Imagine waking up to a zero balance in your bank account. That is exactly what happened to some Wells Fargo customers, who found their bank accounts drained Wednesday due to a glitch. Source: CBS4 Miami -
Jan.17 -- Continuing the story of falling fixed income revenue, Goldman Sachs and Bank of America revealed theirs slid as well in 4Q 2017. Goldman's revenue fell 50% to its lowest since the financial.. Source: Bloomberg Global Business -
Jan.14 -- Investors will closely watch Citigroup, Bank of America and Goldman Sachs shares this week as fourth quarter bank earnings continue to come out after JPMorgan and Wells Fargo reported Friday... Source: Bloomberg Global Business -