The financial sector touched nearly a 5-time high today after better than expected earnings from Wells Fargo and JPMorgan. Discussing options actions is Brian Stutland, Stutland Volatility Group.
Wells Fargo Bank CFO Timothy Sloan shares what drove performance in Q2, and reacts to news Sen. Elizabeth Warren wants to reinstall Glass-Steagall. "Wells Fargo is safer because it is a diversified firm" and "does not need to be broken up," he says.
"For the life of me, I do not understand... why anyone would want to recreate the very companies that caused the past financial crisis," declared Dick Kovacevich, former chairman & CEO at Wells Fargo, sharing his views on breaking up big banks and the ...
Sandler O'Neil put a call to downgrade Wells Fargo ahead of bank earnings tomorrow. How might this impact the entire sector? Scott Siefers, Sandler O'Neill; and Anton Schutz, Mendon Capital provide insight on the call.
CNBC's Steve Liesman digs into today's jobs data. Nonfarm payrolls rose by 195,000 and the unemployment rate remained at 7.6 percent. Julia Coronado, BNP Paribas; John Silvia, Wells Fargo; and CNBC Contributors Jim Iuorio, and Jeff Kilburg; assess what...
An ATM is displayed at a Wells Fargo bank, Tuesday, July 16, 2013, in Atlanta. Banks large and small are girding for an elaborate drill this week that will test how they’d fare if hackers unleashed a powerful and coordinated attack against them. The exercise is being called “Quantum Dawn 2,” and if
A Wells Fargo bank is seen in Del Mar, California in this January 17, 2012 file photo. Wells Fargo & Co, the biggest U.S. mortgage lender, reported a 20 percent rise in second-quarter profit July 12, 2013 as it set aside less money to cover bad loans. REUTERS/Mike Blake/Files (UNITED STATES - Tags:
The logo for Wells Fargo bank is pictured in downtown Los Angeles, California in this July 17, 2012 file photo. New York Attorney General Eric Schneiderman on Monday said he plans to sue Bank of America Corp and Wells Fargo and Co for violating the National Mortgage Settlement brokered last year bet
An Occupy Fights Foreclosures demonstrator wears a mock bloody pin in reference to Wells Fargo financial advisor Ronald Cain as he demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California May 1, 2013. REUTERS/David McNew (UNITED STATES - Tags: SOCIETY IM