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UPDATE 1-Wells Fargo to merge international business with wholesale banking

Jan 19 (Reuters) - Wells Fargo & Co, the third-largest U.S. bank by assets, said on Thursday it would merge its international business with its wholesale banking unit that serves corporate clients.
Reuters

More of the day's top business news

Costa Coffee owner *Whitbread* has agreed a £36m takeover of Coffeeheaven, which operates 90 coffee shops across central and eastern Europe. *Wells Fargo* has become the last remaining US bank to..
teletext

Videos for "Wells Fargo"

News video: Jim Cramer On How He's Thinking About His Portfolio Now That Trump is President

Jim Cramer On How He's Thinking About His Portfolio Now That Trump is President 00:47

Jim Cramer says he's trying to figure out if his Action Alerts PLUS charitable trust portfolio is insulated from tweets from Donald Trump. He says he's concerned about healthcare stocks like Allergan..
Source: The Street -

News video: Mall Sells For $100

Mall Sells For $100 00:38

The Galleria at Pittsburgh Mills sells for $100. Elizabeth Keatinge (@ekeatinge) has more.
Source: Veuer -

News video: Mall in Pittsburgh Sells For $100 in Auction

Mall in Pittsburgh Sells For $100 in Auction 00:49

The 1.1 million square foot Galleria at Pittsburgh Mills sold for $100 on Wednesday. Winning bidder: Wells Fargo Bank The mall opened in 2005 and is one of Pennsylvania's largest But, it's only 50%..
Source: The Street -

News video: 3 Brilliant Bonds for the New Fixed Income Environment

3 Brilliant Bonds for the New Fixed Income Environment 02:20

The surprise victory of President-elect Trump will usher in new pro-growth, pro-business policies and that will be a boon for Devon Energy , Diamond Offshore and Wells Fargo bonds, says Jim Brilliant,..
Source: The Street -

News video: Trump Owes Wall Street Hundreds of Millions

Trump Owes Wall Street Hundreds of Millions 01:24

Banks like Wells Fargo will be regulated by Trump's appointees. Those banks also hold millions in debt from the new president.
Source: Newsy Studio -

 

Wells Fargo Digital Lab offers a front-row seat to the future of banking

Wells Fargo has has moved its Digital Labs team into a new 17000 square foot facility in San Francis...
Finextra

US banking giants forecast to announce revenue slide

us banking giants forecast to announce revenue slide
US earnings season might be about to prove than not all that glitters is Goldman, as the investment banking titan is predicted to announce a double digit slide in full-year revenues on..
City A.M.

Wells Fargo sets out plans to close 400 branches

Plan comes in push to cut costs as US bank looks to recover from sham accounts scandal
FT.com

Trump surge powers JPM and BofA trading divisions

Retail arms and Wells Fargo fail to share in the rise
FT.com

Wells Fargo ends tough year with earnings fall

Sham accounts scandal takes toll on bank’s results and reputation
FT.com

US banks JP Morgan and Bank of America boost profits

us banks jp morgan and bank of america boost profits
JP Morgan and Bank of America boost fourth-quarter profits, but Wells Fargo suffers another fall.
BBC News

Wells Fargo's fourth quarter profits missed expectations

wells fargo's fourth quarter profits missed expectations
Wells Fargo today reported profits were down for the second year as its fourth quarter earnings missed expectations. *The figures* The US' third-largest bank said quarterly net income was down..
City A.M.

Wells Fargo's profit falls 6.4 percent

(Reuters) - Wells Fargo & Co , the largest U.S. mortgage lender, reported its fifth straight decline in quarterly profit on Friday as it tries to recover from a bogus-accounts scandal.
Reuters

BRIEF-ClubCorp confirms it is reviewing strategic alternatives

* Clubcorp holdings inc - has engaged jefferies llc and wells fargo securities, llc as financial advisors to assist committee
Reuters

Five things to look out for in the US bank earnings

Bank of America, Wells Fargo and JPMorgan to report fourth-quarter earnings
FT.com

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