"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo said.

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...

Wall Street traders have scaled back bets on interest-rate cuts after Friday’s stronger-than-expected May jobs report. Interest-rate futures ...

The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...

The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation are reshaping back-end operations.

JPMorgan's second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations ...

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...

Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.

Shares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter.