The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
Kategorie-Archiv: CNBC Financial News
Stocks making the biggest moves premarket: United Airlines, Amazon, Nvidia, Wells Fargo & more
United falls after reaching a deal with a pilots union. Citigroup gives Amazon a Street-high price target.
Tencent in exclusive talks to buy Hong Kong gaming firm Leyou
Chinese tech giant Tencent is in exclusive talks to acquire Leyou Technologies, the Hong Kong-listed games developer announced on Friday.
Coronavirus fears are pushing investors back into stay-at-home trades
Allianz Global Investors‘ Mona Mahajan sees a major shift in the market.
Stocks making the biggest moves after hours: Virgin Galactic, Redfin, Carnival and more
See which stocks are posting big moves after the bell.
Dow rises 100 points on positive coronavirus treatment news, airlines gain
Stocks opened along the flatline on Friday as traders weighed positive news about a potential coronavirus treatment and another record spike in virus cases.
A ‚financial war‘ with China could be brewing on top of the trade war
U.S. regulators have long sought more transparency from Chinese companies with shares trading on U.S. exchanges.
Stocks making the biggest moves premarket: Walgreens, Square, Carnival, Six Flags, Alibaba & more
Square gets hit with an analyst downgrade and Walgreens falls on disappointing earnings.
Dividend payments plunge by $42.5 billion in worst quarter for income investors since financial crisis
Companies struggling to get through the pandemic slashed the amount of money they returned to shareholders through dividends in the second quarter.
Top Chinese diplomats give conciliatory signals while demanding respect from the U.S.
China’s top two foreign ministers kept to a conciliatory tone this week in public remarks about relations with the U.S., amid increasingly fraught tensions between the world’s two largest economies.