Latest WFC news

Wells Fargo Names COO Powell as Next Chief Risk Officer

WSJ · Wed, 23 Sep 2026 16:45:00 -0400

Scott Powell will succeed Derek Flowers, who is retiring from the bank in January.

Wells Fargo's chief risk officer Derek Flowers to retire

Reuters · Wed, 23 Sep 2026 16:41:16 -0400

Wells Fargo said on Wednesday its chief risk officer, Derek Flowers, ‌would retire in mid-January after nearly three decades at the US banking giant.

The AI-scare trade is finally hitting banks. Bargain-hunters should take note.

Market Watch · Wed, 23 Sep 2026 15:19:00 -0400

In an era of higher interest rates, banks have reaped big profits due to consumers' reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.

October Could Bring New Market Surprises As Earnings Season Nears: Here's What To Watch

Seeking Alpha · Wed, 23 Sep 2026 10:20:00 -0400

The macro is in focus through month-end, but investors must not overlook company-level trends in the days ahead, including an active conference circuit. Stocks remain resilient despite higher Treasury rates and Fed hiking, with the S&P 500 near record highs, led by tech. Jobs data, consumer spending, and corporate guidance will be key signals as investors eye Q4 volatility catalysts and 2027 forecasts.

Financial stocks fall with AI and flattening yield curve in focus

Reuters · Tue, 22 Sep 2026 16:51:38 -0400

The S&P 500 Financial index and the benchmark's bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty ‌around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.

Fed Rate Hike: What it Means for Wells Fargo's NII Outlook

Zacks Investment Research · Tue, 22 Sep 2026 10:41:27 -0400

Fed's latest rate hike could support WFC's NII expansion, but rising deposit costs and may limit the upside to some extent.

Fed Rate Hike Fails to Lift Bank Stocks as Market Reprices the Rally

24/7 Wall Street · Mon, 21 Sep 2026 09:20:42 -0400

The Fed raised rates for the first time in three years, and bank stocks promptly sold off. What looks like a contradiction might be a warning about where the trade goes from here.

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