Tag: Wells Fargo stock

U.S. stocks ended slightly lower on Friday as banks and financial institutions disappointed following a recent round of quarterly earnings reports. Still, each major U.S. index posted weekly gains despite Friday's fall. The S&P 500 declined 0.1% on Friday as its banks' index fell 0.9%....

For a long time, Wells Fargo was the most significant player in the mortgage business in the United States. But that is set to change in the future as the bank plans to scale down its mortgage business in the future. According to Bloomberg, Wells...