• Wed
  • Apr 16, 2014
  • Updated: 8:30pm

Wells Fargo

US banks' third-quarter profit seen mixed

Morgan Stanley, Bank of America and Wells Fargo are poised to report a jump in earnings that may surprise some investors fixated on a slump in trading and mortgage lending.

Wednesday, 9 October, 2013, 4:47am

US banks face profit lull as mortgage boom fizzles

Unexpectedly large quarterly profits at JPMorgan Chase and Wells Fargo hide a more worrisome forecast for the rest of the year for many US banks. Things could get worse before they get any better.

16 Jul 2013 - 7:50am

Wells Fargo takes shelter in Asia with bigger team

Wells Fargo, the largest bank by market capitalisation in the United States, aims to grow its revenue at a double-digit pace annually over the next three years in China, despite increasing concerns about the country's slowing economy.

15 Aug 2012 - 11:05pm

Talking points

Our editors will be looking ahead today to these developing stories ...

Trial of Ratko Mladic resumes in The Hague

16 Jul 2012 - 12:00am

Make retail prime focus, veteran says

Retail, not corporate, clients hold the key to the future for Asian banks, says Dick Kovacevich, former chairman and chief executive of US bank Wells Fargo.

'Right now, I think Asian banks are taking a lot of deposits and lending the money to commercial clients,' Kovacevich said.

9 Jul 2012 - 12:00am

Premium chance to keep Amex customers satisfied

Lifestyle consultants and travel professionals Amex Membership Travel Services (MTS)

Lifestyle consultants, and those with experience of the travel industry or servicing premium customers, will find a rewarding career with Membership Travel Services (MTS) at American Express.

2 Jun 2012 - 12:00am

Customer satisfaction at a premium

Working for a financial institution has many advantages. Apart from becoming a banker or a financial planner, there are many different positions that need to be filled.

27 Apr 2012 - 12:00am

Wealth or value?

Maybe I am missing something. Or maybe something is amiss? But my basic maths and logic tell me it simply doesn't add up. Perhaps Wall Street and the banking institutions have not taken stock of the recent situation, or they are replacing one stock with another.

20 Oct 2008 - 12:00am

Wachovia buys Mid-Levels site from Emperor

Emperor International Holdings sold its luxury residential site in the Mid-Levels to a joint venture led by Wachovia Corp for HK$1.468 billion, generating a profit of HK$575 million from the sale.

5 Nov 2007 - 12:00am

Wachovia fined US$440,000 for illegal bank operations

Mainland watchdog also punishes two other foreign lenders over rule violations

China's banking regulator has fined Wachovia Bank, the fifth-largest bank in the United States, US$440,000 for conducting illegal operations at its Shanghai office.

7 Nov 2003 - 12:00am

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