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Behind the Numbers At Wells Fargo

Banks like Goldman Sachs and JP Morgan Chase hit the cover off the ball when they reported their earnings. Full Article at FOX Business

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  1. A Tucson resident's lawsuit claiming that Wells Fargo & Co. manipulated the order that transactions were posted to customer accounts to maximize overdraft fees has been added to a similar Florida suit against several large U.S. banks. Full Article at AZ starnet.com

  2. Oct. 21 (Bloomberg) -- U.S. stocks tumbled in the final hour of trading after analyst Dick Bove downgraded Wells Fargo & Co. , erasing an earlier rally spurred by better-than-estimated results at Morgan Stanley and Yahoo! Inc. Full Article at Bloomberg.com

  3. NEW YORK -- Wells Fargo & amp; Co. on Wednesday reported a $2.6 billion third-quarter profit as the company's retail banking operations, including the businesses it acquired with the purchase of Wachovia Corp. , offset rising loan losses. Full Article at The Washington Post

  4. Investors are keeping a close eye on the financials with both Morgan Stanley [MS Loading... () ] and Wells Fargo [WFC Loading... () ] scheduled to reports earnings on Wednesday. Full Article at CNBC

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  1. David Rader of Wells Fargo, left, participates with members of the money lending industry during the Small Business Financing Forum, Wednesday, Nov. 18, 2009, at the Treasury Department in Washington. At right is Steve Steinour of Huntington Bank.
  2. NEW BRUNSWICK, NJ - MAY 28:  Job seekers speak to recruiters at the Wells Fargo stand at the New Jersey Collegiate Career Day hosted by Rutgers University on May 28, 2009 in New Brunswick, New Jersey. Over 150 employers attended the fair aimed at experienced and entry level candidates.
  3. SAN FRANCISCO - MAY 04:  A pedestrian walks by the Wells Fargo headquarters May 4, 2009 in San Francisco, California. Regulators have notified Wells Fargo Bank that it might need to firm up its finances after a government 'stress test' showed that the bank might not survive if the recession deepens.
  4. SAN FRANCISCO - APRIL 23:  California attorney general Jerry Brown (L) speaks during a press conference where he announced a lawsuit he filed against Wells Fargo affiliates April 23, 2009 in San Francisco, California.
  5. CHICAGO - APRIL 09:  A Wells Fargo sign hangs above the entrance of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
  6. Bank of America CEO Ken Lewis (C) speaks to the press at the White House in Washington, DC on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama, as John Stumpf (L), CEO of Wells Fargo bank, Freddie Mac CEO John Koskinen (2nd) and Richard Dav...
  7. SAN FRANCISCO - OCTOBER 03:  A pedestrian walks by a Wells Fargo bank branch October 3, 2008 in San Francisco, California.
  8. A Wachovia branch bank is shown in Manhattan on October 3, 2008.
  9. Saudi Arabia Crown Prince Sultan bin Abdul-Aziz (C) arrives at King Khalid International Airport December 11, 2009. The crown prince of top OPEC oil exporter Saudi Arabia returned to the kingdom on Friday after spending most of the year in Morocco following medical treatment in the United States.

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