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Wells Fargo hires JPMorgan executive as head of cards and merchant services
(Reuters) - U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan in 2016, succeeds ...
JPMorgan price target raised to $300 from $270 at Wells Fargo
Wells Fargo raised the firm’s price target on JPMorgan (JPM) to $300 from $270 and keeps an Overweight rating on the shares. The firm says ...
The Daily Hodl13d
Wells Fargo, Bank of America, JPMorgan Chase and Other US Lenders Shut Down 113 Bank Branches in Just Six Weeks: Report
Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and ...
American Banker3d
Wells Fargo freed from a pair of 13-year-old consent orders
The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
JPMorgan appoints co-heads of commercial banking Sable and Smith
JPMorgan Chase appointed Matt Sable and Melissa Smith as co-heads of commercial banking, the largest U.S. lender said on ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Wells Fargo clears another postscandal regulatory hurdle — but more remain
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
The Business Journals29d
Chase calls workers back to office 5 days a week. What’s BofA and Wells doing?
Chase's policy could have an impact well beyond the bank. Some see companies calling employees back to the office as key to revitalizing downtown San Francisco. JPMorgan Chase told employees ...
bankingdive7d
Wells Fargo raised Charlie Scharf’s pay to $31.2M in 2024
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Janus Henderson Group (NYSE:JHG) Upgraded by JPMorgan Chase & Co. to “Overweight” Rating
JPMorgan Chase & Co. upgraded shares of Janus Henderson Group (NYSE:JHG – Free Report) from a neutral rating to an overweight rating in a research note released on Wednesday, MarketBeat reports.