Bank of America has predicted that the Federal Reserve will be forced to raise interest rates by 75 basis points this year, with the first 25-basis-point hike in September.
Wells Fargo Series L preferred shares offer a compelling 6.4% yield with minimal call risk due to high conversion thresholds. WFC's Q1 net income of $5.25B and a preferred dividend payout ratio near 5% ensure strong coverage for preferred shareholders. The Series L preferreds are perpetual, non-cumulative, and only convertible if WFC common triples, making them attractive for long-term fixed income allocation.
Wells Fargo (WFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #Osaic--Osaic, Inc. (“Osaic”), one of the nation's largest providers of wealth management strategies, today announced that Signature Private Wealth Management (“Signature PW”) has joined its growing network of independent advisors. Joining Osaic from Wells Fargo Advisors Financial Network, the Waterloo, Iowa–based firm is led by Robert “Bob” Mundell and oversees more than $300 million in client assets. Signature PW is a family-led advisory team that includes financia.
SAN FRANCISCO--(BUSINESS WIRE)--As 2026 moves into its second half, markets are sending mixed signals — rewarding confidence one moment and punishing it the next. Volatility, shifting economic signals, and geopolitical uncertainty have fueled a steady drumbeat of attention‑grabbing headlines, often tempting investors to react before stepping back and assessing the risk of mistimed portfolio moves. Wells Fargo Investment Institute (WFII) today released its “2026 Midyear Outlook Report: Keeping D.
In the most recent trading session, Wells Fargo (WFC) closed at $85.05, indicating a +2.3% shift from the previous trading day.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced it has been named a preferred home mortgage lender for ICON, the global leader in advanced construction technologies. The collaboration expands access to financing for buyers of ICON homes and supports broader adoption of innovative construction methods designed to address housing supply and affordability challenges. Through the relationship, Wells Fargo Home Mortgage will offer a 50-basis point lender credit to qualified buyers who finance.
PITTSBURGH--(BUSINESS WIRE)--Wells Fargo today announced a $1 million donation to support skilled trades, training and workforce development in Pennsylvania through its ongoing partnership with the mikeroweWORKS Foundation. U.S. Senator Dave McCormick (R-PA) was on hand at an event at Community College of Allegheny County (CCAC) to show his support, underscoring the importance of continued philanthropic investment in workforce development across the state. “Pennsylvania's future depends on a st.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?
The debate over stablecoin regulation has always had a deeper question underneath it. Do blockchain-based payment systems become an extension of the banking sector or remain permanently adjacent to it?