For CLO managers, Wells Fargo’s recent return to the market is welcome. While more firms have entered the market to buy AAA CLO bonds, few are as large as US and Japanese banks, which still ...

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.

Mixed Q1 Results. Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...

Citizens Financial Group, the nation's 20th-largest bank, has hired a Wells Fargo compliance executive to help guide it through an era of heightened regulatory scrutiny for U.S. financial ...