Catenaa, Monday, March 31, 2025- US bank stocks are on track for the worst quarter since March 2023 over economic worries as Trump’s liberation day has created market uncertainties. The KBW Nasdaq Bank Index is down 5.09% since the start of the year, and down 10.6% from a month ago on Friday, putting it on […]

Catenaa, Friday, April 11, 2025- Wells Fargo posted revenue below Wall Street’s expectation for the first quarter on Friday as with higher deposit costs and slow growth in personal loans. The San-Francisco based banker reported revenue of $20.15 billion versus the expectation of $20.75 billion, first quarter revenue was down by 2% year on year. […]

Catenaa, Friday, January 17, 2025- Wells Fargo shares surged early this week following a strong earnings report for the fourth quarter of 2024, with the bank exceeding analysts’ expectations. The firm also raised its guidance for 2025, signaling confidence in continued growth.  The bank posted a net income of $6.5 billion for the quarter, a […]