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The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Wells Fargo had three centres in India with Bengaluru, Hyderabad, and Chennai till last year, employing about 37,000 people ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
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JPMorgan's second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations ...
More eager to play ball is California Gov. Gavin Newsom, who has been floating an equal and opposite redistricting response in light of Texas’ proposed moves. “Two can play this game,” Newsom, a ...
Stock futures pointed to a positive open as investors waited for June's consumer-price index report. Economists forecast that annual inflation rose to 2.7%, according to a Wall Street Journal poll.
In the U.S., there will be a bonanza of tier-one economic data with consumer inflation, producer prices and retail sales all due this week. Concerns about tariffs and inflation in the U.S. is the ...
Wells Fargo & Co. lowered its full-year guidance for net interest income, after another quarter of tepid growth amid the ...
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
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Stocktwits on MSNWells Fargo Stock Tumbles After Tepid Q2 Results, Guidance Cut For Net Interest IncomeShares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter.
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