Wells Fargo 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%.

(Reuters) -Wells Fargo 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%. The bank expects its ...

Wells Fargo reported $5.5 billion net income, up from first quarter and a year ago driven by investment advisory fees, deposit fees, card fees and trading activities.

RBC bank analyst Darko Mihelic previewed earnings reports for the sector and presented top picks, ...

Wells Fargo reported $5.5 billion net income, up from first quarter and a year ago driven by investment advisory fees, deposit fees, card fees and trading activities.

Athene retooled its annuity sales strategy during a second quarter that saw several changes in the company, including its leadership.

Palmer Square Capital Management, an investment firm specializing in corporate and structured credit, announced a step in its expansion strategy.

Desai believes it's a "good time for fixed income," but wants to see more realistic investor expectations. Generations out there in the past got accustomed to getting just 1% -2.5% for investing in 10 ...

Annaly Capital Management, Inc. (NYSE:NLY), a Maryland corporation, ("Annaly" or the "Company") today announced that it has priced a public offering of an original issuance of 10,000,000 shares of its ...

Synergy realization from the Care REIT integration remains on track, with management indicating that approximately 50% of the ...

Complex manager John Moran says RBC Wealth Management's New York market has recruited advisors with nearly $10 billion in ...