U.S. Bancorp's Arm Expands Credit Card Line With 2 New Launches
https://www.zacks.com/stock/news/2332964/u-s-bancorp-s-arm-expands-credit-card-line-with-2-new-launches?cid=CS-ZC-FT-analyst_blog|company_news_finance_sector-2332964
Sep 06, 2024 - USB's banking arm, U.S. Bank, unveils news products under its U.S. Bank Smartly line to attract and retain clients by rewarding both spending and saving habits.
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Markets Sell Off as Labor Market Data Looms
https://www.zacks.com/stock/news/2331034/markets-sell-off-as-labor-market-data-looms?cid=CS-ZC-FT-ahead_of_wall_street-2331034
Sep 03, 2024 - This was the worst single trading day for tech stocks two years -- the worst for the chips segment since 2020.
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JPMorgan & Others Face Probe Over Interest in Cash Sweep Accounts
https://www.zacks.com/stock/news/2330396/jpmorgan-others-face-probe-over-interest-in-cash-sweep-accounts?cid=CS-ZC-FT-analyst_blog|industry_focus-2330396
Sep 02, 2024 - JPM, MS, WFC, RJF, BAC and others are under legal scrutiny for transferring clients' idle funds into sweep accounts with near-zero interest rates.
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Franklin (BEN) Stock Plunges 12.6% Amid SEC Probe Disclosure
https://www.zacks.com/stock/news/2325923/franklin-ben-stock-plunges-12-6-amid-sec-probe-disclosure?cid=CS-ZC-FT-analyst_blog|company_news_finance_sector-2325923
Aug 22, 2024 - Franklin's (BEN) stock falls sharply as it replaces its CIO of Western Asset Management unit amid the SEC and the DOJ probe.
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Wells Fargo (WFC) to Divest Majority of CRE Loan Servicing Unit
https://www.zacks.com/stock/news/2325118/wells-fargo-wfc-to-divest-majority-of-cre-loan-servicing-unit?cid=CS-ZC-FT-analyst_blog|company_news_finance_sector-2325118
Aug 21, 2024 - Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.
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Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?
https://www.zacks.com/stock/news/2324448/wells-fargo-wfc-down-7-5-in-3-months-to-buy-or-stay-clear?cid=CS-ZC-FT-analyst_blog|most_popular_stocks-2324448
Aug 20, 2024 - Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
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U.S. Bank Stocks Fell Amid Concern of Economic Slowdown
https://www.zacks.com/stock/news/2316369/u-s-bank-stocks-fell-amid-concern-of-economic-slowdown?cid=CS-ZC-FT-analyst_blog|industry_focus-2316369
Aug 05, 2024 - Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.
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Why Bank Stocks Like Wells Fargo and JPMorgan Chase Are Tumbling Today
https://www.fool.com/investing/2024/08/02/why-bank-stocks-like-wells-fargo-and-jpmorgan-chas/?source=iedfolrf0000001
Aug 02, 2024 - July's jobs report was surprisingly weak, putting pressure on the Federal Reserve to move more aggressively.
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SoFi Technologies (SOFI) Rises 12% in a Month: Good Time to Buy?
https://www.zacks.com/stock/news/2310295/sofi-technologies-sofi-rises-12-in-a-month-good-time-to-buy?cid=CS-ZC-FT-analyst_blog|most_popular_stocks-2310295
Jul 26, 2024 - Given the recent surge in SoFi Technologies (SOFI) shares, we evaluate the stock's current position to determine how to play it now.
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Q2 Earnings Season Scorecard and Analyst Reports for Netflix, Wells Fargo & Comcast
https://www.zacks.com/commentary/2309182/q2-earnings-season-scorecard-and-analyst-reports-for-netflix-wells-fargo-comcast?cid=CS-ZC-FT-research_daily-2309182
Jul 25, 2024 - Today's Research Daily features a real-time update on the Q2 earnings season and new research reports on Netflix (NFLX), Wells Fargo (WFC) and Comcast (CMCSA) and others.
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