Wells Fargo employed just over 210,000 people at the end of September, down from 275,000 when Scharf took over in 2019.

A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, ...

The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.

The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data ...

OCC approves riskless principal crypto trades for US banks, enabling direct client transactions without market exposure or ...

Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates ...

The new Reserve Bank Governor, Dr Anna Breman, is monitoring the impact of tightening financial conditions following the ...

Block raised full-year guidance, expecting adjusted operating income of $2.056 billion, up 28%. Click here to read why XYZ is a Buy.

Revenues at the world's largest investment banks are expected to grow about 10% in 2025, led by a surge in equities trading. Current Coalition Greenwich estimates for global investment bank revenues ...

JPMorgan Chase expects expenses to climb to about $105 billion in 2026, driven largely by growth and volume related costs, ...

Brian Moynihan says bank is seeing increased demand from companies needing loans. The growth reflects the county's growing ...

BI's economy team will share highlights from the Fed's meeting and explains the implications for your wallet.