Friday 12 January 2018

Wells Fargo plans to close 800 more branches by 2020

Mounting expenses have unnerved Wall Street, and Wells Fargo hopes closing branches will help.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Wells Fargo plans to close 800 more branches by 2020
Mounting expenses have unnerved Wall Street, and Wells Fargo hopes closing branches will help. Read more »
 
Retailers: Best holiday shopping season since '10
What retail apocalypse? Retailers report best holiday shopping season since the economy crawled out of the Great Recession. Read more »
 
The new Facebook News Feed is rattling Wall Street
Facebook is having its worst day in more than a year after announcing changes to your News Feed. Read more »
 
Wells Fargo's legal troubles drown out huge tax windfall
Wells Fargo scored a massive $3.4 billion windfall from the tax law, but most of that was erased by mounting legal costs from the bank's various scandals. Read more »
 
The ETF explosion is great news for this Wall Street firm
BlackRock, the owner of iShares, is on fire as more investors shun individual stocks and mutual funds in favor or passive index ETFs. Read more »
 
JPMorgan's Jamie Dimon gushes about tax cuts
JPMorgan Chase kicked off bank earnings season with a bang. Although profits took a short-term hit due to tax reform, results still topped forecasts. And Dimon hinted that the bank may soon reward employees thanks to the tax cut. Read more »
 
 
 
 
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