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Wells

JPMorgan, Bank of America, Citigroup, and Wells Fargo explore joint stablecoin project to challenge digital asset platforms

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Key Takeaways Major US banks are collaborating on a stablecoin initiative to compete with the crypto industry. The project highlights the integration of digital assets within traditional banking infrastructure. Share this article America’s biggest banks are evaluating a collaborative stablecoin initiative to compete with digital asset platforms that are rapidly gaining market share, the Wall … Read more

WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2025 financial results

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Wells Fargo & Company (NYSE: WFC) reported its first quarter 2025 earnings results today. Total revenue decreased 3% year-over-year to $20.15 billion. Net income grew 6% to $4.89 billion and earnings per share rose 16% to $1.39 compared to last year. Net interest income decreased 6% while non-interest income was stable. Noninterest expense decreased 3%. … Read more

Carolina Panthers’ Dean Wells Dead at 54 After Cancer Battle

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Carolina Panthers’ former linebacker Dean Wells has died after a two-year battle with cancer. He was 54. Wells, who played in the NFL for nearly a decade, died on Wednesday, April 3, reported the Carolina Panthers. As well as the Panthers, the professional athlete also played for the Seattle Seahawks, which he was drafted into … Read more

CFPB drops JPMorgan, Bank of America, Wells Fargo lawsuit over Zelle fraud

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FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas | Reuters The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks … Read more

Jesse Tyler Ferguson Texted Wells Adams About Kanye, Bianca at Grammys

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Wells Adams was fielding texts from one of wife Sarah Hyland’s Modern Family costars as Kanye West and Bianca Censori walked the 2025 Grammy Awards red carpet. “Jesse Tyler Ferguson was the one who texted me about it,” Adams, who was a correspondent for E! at the awards show, exclusively told Us Weekly while promoting … Read more

Wells Fargo WFC earnings Q4 2024

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Wells Fargo shares climbed Wednesday after the bank posted better-than-expected earnings and issued strong guidance on net interest income for 2025. Here’s what the bank reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Adjusted earnings per share: $1.42 vs. $1.35 expected Revenue: $20.38 billion versus $20.59 … Read more

WFC Infographic: Highlights of Wells Fargo & Company’s Q4 2024 earnings

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Wells Fargo & Company (NYSE: WFC) reported an increase in net income for the fourth quarter of 2024. Earnings also exceeded Wall Street’s expectations. At $20.38 billion, fourth-quarter revenues were broadly unchanged from the prior-year period. The top line missed the market’s estimates. Net income moved up to $5.08 billion or $1.43 per share in … Read more

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