Michael Turrin, Wells Fargo software equity research analyst, joins 'Power Lunch' to discuss the impact of Stargate's AI deal and the winners from the investment.

WFC's efforts to reduce costs and progress in fixing compliance issues look encouraging. Let us find out whether the stock is worth investing in.

Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading.

Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance. Read why I upgrade WFC stock from sell to hold.

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.

Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay $18 million.

Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf continues to whittle headcount as part of broader efforts to slash costs and remake the bank.

Scharf noted that this was the sixth consent order regulators had terminated since he joined Wells Fargo in 2019. "Our operational risk and compliance infrastructure is greatly ch

The pair preach teamwork as the banking giant plunges further into different aspects of a housing market in desperate need of the stuff.

Wells Fargo & Co.’s multi-year plan to support and build its independent broker and advisor channel is to keep on rolling in 2025, according to the bank’s chief financial officer, Michael Santomassimo. Wells Fargo Advisors is the broad marketing umbrella for close to 12,000 bank advisors, wealth management advisors, and independent advisors.

Wells Fargo analyst Jason Haas CFA maintained a Hold rating on MSCI (MSCI – Research Report) today and set a price target of $623.00. The