Tag Archives: TCF
Wells Fargo (NYSE:WFC) Declares Higher Profit in Q2; Add More Funds to Buy Back Bad Home Loans – WFC, RF, TCB, BBT
Wells Fargo & Company (NYSE:WFC), the largest US home lender, reported on Friday that its profit in the second-quarter moved up to $4.62 billion or 82 cents per share, from $3.95 billion or 70 cents per share in previous year. …
Wells Fargo (NYSE:WFC) Boosts Debt Tender Bid to $2.2 Billion – WFC, USB, RF, TCB
Wells Fargo & Company (NYSE:WFC) boosted the amount of borrowing it offered to buyback to $2.2 billion as the offering was oversubscribed as of the early tender deadline.
Wells Fargo initially presented in late May to buyback almost $2 billion …
Wells Fargo (NYSE:WFC) Outline Risk Management Strategy – WFC, USB, RF, TCB
The San Francisco-based Wells Fargo & Company (NYSE:WFC), fourth biggest US bank by assets, does not use the similar type of hedging strategy that has triggered a trading loss of almost $2 billion at competitor JPMorgan Chase & Co (NYSE:JPM), …
Wells Fargo Said to Raise $284 Million CLO for 40/86 Advisors- WFC, KEY, C, JPM, STI, PNC, TCB
Wells Fargo & Company (NYSE:WFC) disclosed on Thursday that its raised a $283.5 million collateralized loan obligation for 40/86 Advisors Inc., according to 3 people with knowledge of the contract.
The fund includes a $180 million slice rated AAA that …
Wells Fargo (NYSE:WFC) Seeks Repeal Judgment, $203M Overturn- WFC, C, KEY, STI, PNC, NBG, TCB
Wells Fargo & Company (NYSE:WFC) is looking for to repeal a judgment that bound for it to pay $203 million in damages to customers in California over several of its debit card performs that were maneuvered to push up its …
JPMorgan (NYSE:JPM) Declares CIO Ina Drew is Retiring- JPM, C, KEY, STI, PNC, TCB, MTU
JPMorgan Chase & Co. (NYSE:JPM) reported on Monday that CIO (Chief Investment Officer) Ina Drew is leaving from the company, a departure that comes in the wake of its currently disclosed $2.3 billion trading loss. Fitch Ratings cut the bank’s …
