Wells Fargo Hires New Head of Cards

Wells Fargo hires JPMorgan executive as head of cards and merchant services
Wells Fargo Hires New Head of Cards From JPMorgan
Wells Fargo has hired JPMorgan Chase's former president of branded cards to lead its cards business. The bank said Tuesday that Ed Olebe has been named head of cards and merchant services, effective immediately. Olebe succeeds Ray Fischer, who notified the company last year of his intention to retire. Olebe joined Wells Fargo in 2019.
Wells Fargo appoints new head of Cards and Merchant Services
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Wells Fargo's stock up 3% as profit beat offsets revenue miss
Wells Fargo & Co.'s stock jumped 3% early Wednesday, after the bank posted better-than-expected fourth-quarter profit, offsetting a revenue miss. . The bank posted net income of $5.1 billion, or $1.43 a share,
Wells Fargo’s economic outlook disappoints those seeking next Fed rate cut
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a good thing for borrowers, who are waiting for the next Fed rate cut.
Why S&P 500’s financials sector is on pace for its best day since early November
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each jumped more than 7%, according to FactSet data,
Wells Fargo: Strong 2024 Performance and Positive 2025 Outlook Justify Buy Rating
Wells Fargo (WFC – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Glenn Thum from
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Wells Fargo Posts Mixed Fourth-Quarter Results, Eyes Net Interest Income Growth in 2025
Wells Fargo's (WFC) fourth-quarter top-line unexpectedly declined due to lower net interest income, while per-share earnings outperformed. Revenue, expressed as the sum of net interest income and noninterest income,
Everything to Know About Big Banks Earnings
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
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JPMorgan and Wells Fargo Report Surging Profits Amid Optimistic Economic Outlook
JPMorgan's net income surged by 50% to over USD 14 billion in Q4, exceeding Wall Street forecasts. Earnings per share climbed to USD 4.81, surpassing predictions. Revenue increased to USD 43.7 billion.
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JPMorgan, Wells Fargo report 50% surge in Q4 net income, beat estimates
JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell. Wells Fargo’s net income nearly doubled to $5.1 billion, surpassing Wall Street forecasts. Wells Fargo Shares rose 3.
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JPMorgan, Citi, Wells Fargo and Goldman's earnings results may boost banks stocks further
The FactSet consensus estimate for the bank's ... to buy from neutral and said it could gain another 20% this year. Wells Fargo earnings expectation edges up Analysts expect Wells Fargo to earn ...
Banks Kick Q4 Earnings Season Off With A Bang As CEO Sentiment Improves
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines.