The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.
Wells Fargo
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
Burlington, Massachusetts-based computer software technology firm Nuance Communications Inc released a voice biometrics solution called Nuance Forensics that can help authorities identify and rule out suspects in criminal investigations.
Wells Fargo & Co is now making its way back to the subprime mortgage market, potentially bringing fears that US lenders will be making the same mistakes that prompted the financial crisis, Reuters reported.
San Francisco-based Wells Fargo & Co has given the task of originating mortgages for the largest home lender in the US to 400 underwriters, Bloomberg reported.
The partnership of US software company and QuickBooks maker Intuit's partnership with banks Capital One and Wells Fargo for a loan facilitator program was a clear indication of companies turning into cloud computing and data analytics to improve their services, said an article published on the Financial Times.
For an undisclosed amount, Wells Fargo settles with FHFA on issue of faulty mortgages issyes
RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
On Wednesday, Hilton Worldwide said it would start marketing a high yield bond valued USD3.25 billion on Thursday as a part of the company's refinancing ahead of its IPO.
Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
Wells Fargo & Co and PepsiCo Inc. top the list in bond sales this week.
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
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