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Wells Fargo Investment Institute’s strategy team has raised forecast targets for U.S. economic growth, global fixed income, and several equity indices. Here are the 2025 targets: U.S. GDP growth ...
Wells Fargo reported $5.5 billion in net income, up nearly 12% from the same time last year, driven by investment advisory fees, deposit fees, card fees and trading activities.
Wells Fargo Investment Institute today released its" Midyear Outlook report: Opportunities amid uneven terrain." The first half of 2025 delivered some of the most stunning and rapid policy changes ...
While Wells Fargo has seen a strong performance this year, its performance has been mixed in the recent past. Returns for the stock were 61% in 2021, -12% in 2022, and 23% in 2023.
July 15 (Reuters) - Wells Fargo (WFC.N) beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender by more than 5%.
Wells Fargo's net interest income (NII) fell about 7% to $11.84 billion in the quarter compared with a year earlier, hurt by lower rates on floating rate assets and lower loan balances.
Rate cuts could potentially take months to filter through the economy, and investors in some fixed-income asset classes and sectors could be negatively impacted by a still-slowing economy ...
Wells Fargo Investment Institute (WFII) today released its “ Midyear Outlook report: Opportunities amid uneven terrain.” The first half of 2025 delivered some of the most stunning and rapid ...
Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
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