Wells Fargo earnings climb as investment banking shines-March 2024-www.financetom.com

Wells Fargo earnings climb as investment banking shines

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Wells Fargo earnings climb as investment banking shines

Jan 15, 2025 4:04 AM

Jan 15 (Reuters) - Wells Fargo's ( WFC ) profit climbed

in the fourth quarter, buoyed by stronger investment banking

earnings.

The fourth-largest U.S. lender's net income rose to $5.08

billion, or $1.43 per share, it said on Wednesday. That compares

with $3.45 billion, or 86 cents per share, a year earlier.

Previous page： Continental's subsidiary Aumovio debuts on Frankfurt Stock Exchange Next page： Indotek Group buys major Spanish NPL property portfolio

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Continental's subsidiary Aumovio debuts on Frankfurt Stock Exchange

Sep 18, 2025

FRANKFURT, Sept 18 (Reuters) - Auto supplier Aumovio , spun off from Continental, listed on the Frankfurt Stock Exchange for the first time on Thursday with a price of 35 euros per share. Continental shareholders automatically receive an additional Aumovio share in their portfolio for every two shares they hold. The carved-out automotive division marks the first listing in the...

Indotek Group buys major Spanish NPL property portfolio

Sep 18, 2025

The portfolio consists of 524 residential and commercial properties across SpainThe deal expands Indotek Group's Iberian presence beyond hotels and shopping centers and reflects the group's European investment strategyThe acquisition is an important step in our strategic expansion in Western Europe and complements our existing portfolio in Spain, said Florian Nowotny, CFO of Indotek GroupBUDAPEST, Hungary and MADRID, Sept. 18,...

Toyota to recall over 591,000 US vehicles over instrument panel issue, NHTSA says

Sep 18, 2025

Sept 18 (Reuters) - Toyota ( TM ) is recalling 591,377 vehicles in the U.S. due to an issue with the instrument panel display that does not show critical information, increasing the risk of a crash or injury, the National Highway Traffic Safety Administration said on Thursday. ...

Acuity Knowledge Partners Acquires Ascent

Sep 18, 2025

LONDON--(BUSINESS WIRE)-- Acuity Knowledge Partners (Acuity), a leading global provider of bespoke research, data management, analytics and AI solutions to the financial services sector, has announced that it has exchanged on the acquisition of Ascent. The transaction is expected to close on 30th September 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915732380/en/ This strategic move significantly...