The Economic Times
Two of the nation's biggest banks, Wells Fargo & Co and JP Morgan Chase & Co, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere hurt JP Morgan more than Wells Fargo. Both banks...
Suburban Trends
Wells Fargo & Co., the most valuable U.S. bank and largest mortgage lender, said third-quarter profit increased 22 percent, exceeding analysts' estimates, as the cheapest interest rates in history spurred refinancing. Net income advanced to a record $...
Star Tribune
Wells Fargo & Co. continues to smash through its profit records, posting another quarter of double digit profit growth Friday. The bank's profits jumped 22 percent from a year ago to $4.9 billion, or 88 cents per share for six consecutive quarters of...
Los Angeles Times
Scott Reckard Wells Fargo & Co. said its third-quarter profit rose 22%, with its volume of mortgage lending up more than 50% as homeowners refinanced their home loans. The San Francisco-based bank said in its earnings report Friday that net income...
San Jose Mercury News
Font Resize Contra Costa Times Wells Fargo posted record profits on Friday that beat Wall Street's expectations, but the company's revenue fell short of what analysts had predicted. Fueled by a surge in mortgage loans, Wells Fargo earned $4.94...
International Herald Tribune
The Norwegian Nobel Committee lauded the European Union's role over six decades in reconciling former enemies, even as the continent wrestles with economic strife. JPMorgan Chase posted earnings of $5.7 billion, up from $4.3 billion, as the bank...