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Wells Fargo & Co.'s (NYSE:WFC) earnings report -- like Bank of America Corp.'s (NYSE:BAC) before it -- is already being sliced every which way by journalists and analysts skeptical of the upbeat results. Wells has said it expects to report $3 billion in earnings, or 55 cents a share, on...
Posted on April 22, 2009 7:30 AM
Many big company meetings are worth missing. But probably not the ones planned today for Wachovia Corp. employees in Charlotte, N.C. John Stumpf (pictured), CEO of Wells Fargo & Co., will be speaking to Wachovia employees for the first time, along with Wachovia CEO Bob Steel, according to a Charlotte...
Posted on October 15, 2008 9:50 AM
Joseph Schumpeter touted capitalism's knack for creative destruction. But in the context of the possible outcomes as two giant banks spar over the fate of a third one -- with the government deeply involved -- the notion seems overly idealistic. Kind of like Alan Greenspan's confidence that the derivatives markets...
Posted on October 9, 2008 2:08 PM
The financial crisis has produced some wild mood swings in parts of Charlotte, N.C., also known as Banktown. As Yvette Kantrow observed Monday on Dealscape, first came the triumphalism over news that hometown titan Bank of America Corp. will buy New York-based Merrill Lynch & Co. Monday it was despair...
Posted on September 30, 2008 12:06 PM
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