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Wells Fargo's Earnings Get Lift From Higher Interest Rates

Wells Fargo posts second-quarter earnings of $1.25 a share on revenue of $20.53 billion.

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JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits

Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty jump from the same period last year.

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The Microsoft-Activision Ruling Will Reverberate Across Tech. Why It's Good News.

Bank of America is to pay $250 million over fees and rewards, Disney explores options for its India business, and other news to start your day.

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Alibaba, Meta, Delta, JPMorgan Chase, and More Stock Market Movers

U.S.-listed shares of Alibaba fall after surging 8% on Friday after China fined affiliate Ant Group nearly $1 billion, Meta's Threads surpasses 100 million...

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Banks Boost Dividends After Passing Stress Test. Their Stocks Are on the Rise.

Several banks announced payout increases after markets closed Friday.

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Bank Stocks Flat. Regulators Reportedly Consider Raising Capital Requirements.

U.S. regulators will potentially raise capital requirements for large banks by about 20%.

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Worsening Credit Conditions May Be a Problem for Citigroup, Wells Fargo: Analyst

For much of the last three years, banks could feel pretty good about their loan books—but as worries of a weakening economy mount, cracks in the health of bank borrowers are starting to show.

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Western Alliance, KeyCorp Fall. Report Says Yellen Notes More Bank Mergers May Be Needed.

Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary, according to a report from CNN.

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Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders

A group of plaintiffs had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago.

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Wells Fargo to Pay $1 Billion to Settle Shareholder Lawsuit

A preliminary settlement was set out in a court filing Monday night to be approved in the coming months, The Wall Street Journal reported. 

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