The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the ...
RBC Capital raised the firm’s price target on Wells Fargo (WFC) to $80 from $72 and ... combined with strong growth capital markets revenues, drove the better than expected revenue and EPS ...
The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
The analyst from RBC Capital provided updated earnings per share (EPS) forecasts for Wells Fargo, raising the 2025 estimate to $5.85 from $5.50 and the 2026 projection to $6.75 from $6.45.
RBC Capital analyst Nik Modi maintained a Hold rating on Newell Brands (NWL – Research Report) today and set a price target of $9.00. The ...
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...
The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
Gerard Cassidy, an analyst at RBC Capital Markets, also saw the latest development with the CFPB as a promising sign. “We view this news as a positive for Wells Fargo as it demonstrates progress ...
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