Bank Earnings: What to Expect From JPMorgan, Wells Fargo, and More
Source: Barron's
Major U.S. banks including JPMorgan, Wells Fargo, and Citigroup are set to report Q2 earnings. Analysts expect growth in revenue and profit, and will look for updates on M&A appetite, economic outlook, and bank strategies following recent market rallies.
URL: https://www.barrons.com/livecoverage/wells-fargo-jp-morgan-morgan-stanley-blackrock-bny-mellon-earnings/card/bank-earnings-what-to-expect-from-jpmorgan-wells-fargo-and-more-YHKTrTyM5WU38hXF1ZfY
Wells Fargo's McKenna on EM FX, Trade Tariffs
Source: Bloomberg
Brendan McKenna from Wells Fargo discusses emerging markets, the dollar, and trade tariff impacts with Bloomberg. He notes countries like Mexico and Brazil are vulnerable to U.S. tariffs, but stable monetary policy and a weaker dollar could support EM currencies.
URL: https://www.bloomberg.com/news/videos/2025-07-14/wells-fargo-s-mckenna-on-em-fx-trade-tariffs
FBI looking for suspect in 5th Ave. Mall bank robbery
Source: Alaska's News Source (KTUU)
The FBI is searching for a man suspected of robbing the Wells Fargo branch at Anchorage’s 5th Avenue Mall. He reportedly claimed to be armed and fled after receiving money.
URL: https://www.alaskasnewssource.com/2025/07/13/fbi-looking-suspect-5th-ave-mall-bank-robbery/
Here’s what Wall St. experts are saying about these banks ahead of earnings
Source: TipRanks / The Fly
Analysts weigh in ahead of Q2 earnings for JPMorgan, Wells Fargo, and Citi. Revisions include raised price targets but some downgrades due to valuation concerns.
URL: https://www.tipranks.com/news/the-fly/heres-what-wall-st-experts-are-saying-about-these-banks-ahead-of-earnings-thefly
Morgan Stanley, Goldman, Wells Fargo reach settlement tied to Archegos collapse
Source: Reuters
The banks agreed to pay $120 million to settle claims over their roles in Archegos' collapse. Investors allege they hid conflicts while offloading stock to avoid losses.
URL: https://www.reuters.com/legal/government/morgan-stanley-goldman-wells-fargo-reach-settlement-tied-archegos-collapse-2025-07-14/
After Wells Fargo Split, Bilt Wants to Turn Mortgage Payments Into Loyalty Rewards
Source: Propmodo
Following Wells Fargo’s exit from its co-branded rent-reward card partnership, Bilt is pivoting to mortgage payments and raised $250M to grow its rewards platform.
URL: https://propmodo.com/after-wells-fargo-split-bilt-wants-to-turn-mortgage-payments-into-loyalty-rewards/
Wells Fargo Plans to Exit a Credit Card Program That Gave Rewards for Rent
Source: The Wall Street Journal
Wells Fargo is ending its credit card partnership with Bilt early due to unsustainable costs and fraud risks, despite its popularity with younger customers.
URL: https://www.wsj.com/finance/banking/wells-fargo-plans-to-exit-a-credit-card-program-that-gave-rewards-for-rent-336dae4b
Wells Fargo hires Tim Ruby to lead healthcare, higher ed and nonprofit division
Source: The Bond Buyer
Tim Ruby joins Wells Fargo as the executive for healthcare, higher education, and not-for-profit banking, marking a strategic leadership move in commercial banking.
URL: https://www.bondbuyer.com/news/tim-ruby-to-lead-wells-fargo-healthcare-higher-ed-nonprofit-division
Police searching for man who robbed Memphis Wells Fargo
Source: FOX13 Memphis
A man robbed the Wells Fargo branch on Hacks Cross Road in Memphis and fled. MPD released details and suspect description; no injuries reported.
URL: https://www.fox13memphis.com/news/police-searching-for-man-who-robbed-memphis-wells-fargo/article_3ea694f5-5346-420d-9ef4-fd0b96f20c9b.html
Wells Fargo Scandal Drove Borrowers to Fintech Lenders, UC Davis Study Suggests
Source: UC Davis News
A study shows that trust erosion from Wells Fargo’s fake accounts scandal led many mortgage borrowers to choose fintech lenders over traditional banks.
URL: https://www.ucdavis.edu/news/wells-fargo-scandal-drove-borrowers-fintech-lenders-uc-davis-study-suggests
Wells Fargo razes drive-thru at downtown location
Source: St. Cloud Live
Wells Fargo demolished its downtown St. Cloud drive-thru structure as part of a $250K building renovation, though a walk-up ATM and lobby remain operational.
URL: https://www.stcloudlive.com/business/wells-fargo-razes-drive-thru-at-downtown-location
Wells Fargo plans to end money-losing Bilt credit-card pact early - report
Source: Seeking Alpha
Facing mounting losses, Wells Fargo is ending its Bilt rent-rewards credit card alliance early. Cardless will take over issuing a new Bilt 2.0 version.
URL: https://seekingalpha.com/news/4466595-wells-fargo-plans-to-end-money-losing-bilt-credit-card-pact-early---report
Wells Fargo's Asset Cap Is Lifted – What Happens Next?
Source: U.S. News & World Report
With the Fed lifting Wells Fargo's asset cap, the bank plans to grow in areas like wealth management and commercial lending after seven years of restrictions.
URL: https://www.usnews.com/banking/articles/wells-fargos-asset-cap-is-lifted
Wells Fargo Seeks Dismissal of Fake-Interview Lawsuit
Source: Barron’s Advisor
Wells Fargo is attempting to dismiss a lawsuit alleging it held fake job interviews to meet diversity quotas, calling the number of such cases statistically negligible.
URL: https://www.barrons.com/advisor/articles/wells-fargo-seeks-dismissal-of-fake-interview-lawsuit-073485eb
Jim Cramer Sticks With Wells Fargo Despite Analyst Downgrade
Source: Yahoo Finance
Despite a downgrade by Raymond James, Jim Cramer remains bullish on Wells Fargo, citing lifted asset cap and valuation optimism.
URL: https://finance.yahoo.com/news/jim-cramer-sticks-wells-fargo-155158934.html
When Pressure Breeds Fraud: Lessons from Wells Fargo for Ghana's Financial Sector
Source: ModernGhana
Opinion piece analyzing how Wells Fargo’s scandal illustrates risks in high-pressure sales environments and offers lessons for Ghana’s financial institutions.
URL: https://www.modernghana.com/news/1416825/when-pressure-breeds-fraud-lessons-from-wells.html