12-01-2024
Never confuse a trade and an investment.
12-01-2024
Bank of America's revenue came up short of estimates on Friday, as it booked special charges and paid a $2.1 billion fee to the FDIC.
12-01-2024
Wells Fargo's stock dropped Friday, after the California-based bank set aside a lot more money for potential losses on loans, and reported fourth-quarter profit that rose just in line with forecasts.
12-01-2024
The bank's $2.9 billion special assessment for the FDIC's bailout of failed banks in 2023 took a bite out of its profits.