Jenny Surane

Wells Fargo's Investment Bankers Help Counter Hit From Rate Drop In this article:

(Bloomberg) -- Wells Fargo & Co. posted third-quarter profit that topped analyst expectations as a surge in investment-banking fees helped counter a dip in lending revenue as interest rates fall.

Falling Rates Aren't as Bad as Feared for JPMorgan, Wells Fargo

The company has seen a bevy of customers migrate to higher-yielding deposit products like certificates of deposits in recent years and, in the second

FirstRand said it was also seeking permission to appeal the judgment. By Jenny Surane, Bloomberg 25 Oct 2024

Jenny Surane 2 min read In this article (Bloomberg) -- NatWest Group Plc bought back £1 billion ($1.29 billion) of its shares

The case involves South-African based lender FirstRand. The UK's Financial Conduct Authority will write to the Supreme Court to ask it to

(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves said the UK's crackdown on banks in the wake of the global financial crisis has gone too far and vowed to give the country's watchdogs new marching orders to ensure they're focused on growing the economy.

(Bloomberg) -- Plans are advancing for an initial public offering of Citigroup Inc.'s Banamex business in Mexico after the bank finished separating out the division from its broader institutional offerings in the country.

Plans are advancing for an initial public offering of Banamex business in Mexico after the bank finished separating the division from its broader institutional offerings in the country.