Ben Eisen is a reporter for The Wall Street Journal, specializing in banking and finance. His articles explore how the financial system and economy impact the lives of Americans. Ben's work has been featured in various publications, including Yahoo Finance, The Globe and Mail, and The Hill Times.
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Ben Eisen's coverage predominantly focuses on finance, banking, and economic trends with a particular interest in data-driven insights. His articles often cite data and include government announcements, indicating a preference for factual analysis and official releases.
Given his focus on banking, unions, mortgage rates, and financial institutions like Wells Fargo, Ben may be interested in expert commentary from economists or financial analysts who can provide valuable insights into market trends, regulatory changes impacting the banking industry as well as developments within labor unions. Furthermore, sources who can offer unique perspectives or proprietary data related to these topics might pique his interest.
While Ben's geographic focus is not specified, his coverage encompasses both international entities such as Bank of America alongside local comparisons between Canadian provinces and U.S. states. Therefore experts with knowledge of either global finance or regional variations could find success when reaching out to him.
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The differential between 30-year mortgage rates and benchmark Treasury yields has been shrinking for eight straight weeks.
Mortgage rates paused their decline after falling for nine straight weeks. The average rate on a 30-year fixed mortgage was 6.62% this week, [up from 6.61% a week ago](https://www.wsj/livecoverage/stock-market-today-dow-jones-12-28-2023/card/mortgage-rates-are-down-more-than-a-point-from-their-
Bank of America said it would recognize a $1.6 billion charge tied to the transition away from the London Interbank Offered Rate. The charge will reduce earnings for the fourth quarter of 2023, which are due to be released Friday, the bank said in a disclosure Monday. The bank said the $1.6 billion
Bank of America is out with its fourth-quarter earnings this morning. Here are the highlights: The nation’s second-largest bank earned $3.14 billion, down 56% from $7.13 billion a year earlier. That amounts to 35 cents per share. Analysts expected 53 cents, according to FactSet. Revenue fell
Bank of America is out with its fourth-quarter earnings this morning. Here are the highlights: + The nation's second-largest bank earned $3.14
Workers at a Wells Fargo branch in Daytona Beach, Fla., voted to unionize Thursday. Another branch in Alaska had filed paperwork with the National Labor Relations Board to hold an election, but withdrew it in December.
JPMorgan, Bank of America, Wells Fargo and Citigroup together earned $104 billion in 2023, up 11% from the year earlier.
Mortgage rates keep on falling relative to the benchmark Treasury yield they track. The gap, or spread, between the two rates has narrowed for 10 straight weeks, and is now at its smallest since February, a factor that is [helping keep mortgage costs in check](https://www.wsj/economy/housing/th
Wells Fargo paid its chief executive $29 million last year, an 18% raise from a year earlier. Charlie Scharf, now in his fifth year running the bank, earned a base salary of $2.5 million, as well as a cash bonus of $6.
Bank of America CEO Brian Moynihan took a slight pay cut last year as the bank's profit fell. He earned $29 million in 2023, down from $30 million in 2022 and $32 million in 2021. As in previous years, he earned a base salary of $1.
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