Mercer Global Advisors and EP Wealth also extend their reach into the Nashville, Tennessee area with RIA acquisitions.

The company reported Q4 adjusted EBITDA of $729 million, with full-year adjusted EBITDA totaling $2.78 billion. This exceeded the high end of its guidance range and reflects improvements in both the ...

In fact, recent criticism of the likely future effectiveness of quantitative strategies tends to centre on their popularity. Some commentators believe that the weight of money mak ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on it removed. The San Francisco-based lender has satisfied ...

Optimism is growing on Wall Street that the Federal Reserve's asset cap on Wells Fargo could be lifted this year. Wells Fargo said Tuesday that another consent order with a key regulator has ended ...

Wells Fargo & Co. has satisfied the requirements of a consent order issued by the Consumer Financial Protection Bureau, its seventh resolution since 2019 of a consent order set by federal ...

We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...

The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on Monday.

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Since its inception in 1852, Wells Fargo has grown into one of the biggest banks in the world. In fact, it’s the third largest bank by asset size in the U.S., according to the Federal Reserve.

However, Wells Fargo continues to operate under an asset cap imposed by regulators, which has been a significant constraint on its growth potential. The company's net interest income outlook for ...