11:56 AM EDT, 09/26/2024 (MT Newswires) -- Wells Fargo ( WFC ) has filed an outside review of its risk-and-control overhauls to the US Federal Reserve for the central bank's sign-off in order to end a Fed cap on its assets, Bloomberg reported Thursday, quoting sources with knowledge of the matter. The submission of the review comes after a years-long...

11:56 AM EDT, 09/26/2024 (MT Newswires) -- National Bank of Canada ( NTIOF ) said Thursday it received clearance from the Competition Bureau for its planned acquisition of Canadian Western Bank ( CWESF ) . The deal also requires approval by the Office of the Superintendent of Financial Institutions and the Minister of Finance. We are pleased that the Competition...

Southwest Airlines Company ( LUV ) shares are trading higher in the premarket session on Thursday. In an exchange filing, the company said it has authorized a new $2.5 billion share repurchase program. In connection with the new share repurchase program, the board terminated and replaced the company’s prior share repurchase program, which the board authorized in May 2019. Southwest...

08:45 AM EDT, 09/26/2024 (MT Newswires) -- Oil moved sharply lower early on Thursday following a report that said OPEC+ will begin to return 2.2-million barrels per day of voluntary production cuts to market as Saudi Arabia, the group's leader, abandons its US$100 per barrel price target to regain market share, while Libya's two squabbling governments reached an agreement that...