For CLO managers, Wells Fargo’s recent return to the market is welcome. While more firms have entered the market to buy AAA CLO bonds, few are as large as US and Japanese banks, which still ...

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

Wells Fargo’s equity research team believes markets may have reached a long-term bottom earlier this month, citing reduced investor panic and improving sentiment around tariff negotiations.

Mixed Q1 Results. Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...

Citizens Financial Group, the nation's 20th-largest bank, has hired a Wells Fargo compliance executive to help guide it through an era of heightened regulatory scrutiny for U.S. financial ...

Wells Fargo, acting as the commercial mortgage-backed securities (CMBS) trustee, filed suit against J.P. Morgan Chase in federal court Monday alleging false financial statements that resulted in ...

Wells Fargo’s equity research team believes markets may have reached a long-term bottom. ... As part of its strategy update, Wells Fargo is upgrading the Utilities sector to overweight from ...