Wells Fargo Unveils New Business Credit Card With Cash Rewards: Details
Wells Fargo's Signify Business Cash Mastercard offers unlimited 2% cash rewards with no caps or fees, aiming to simplify cash flow for business owners.
Why U.S. Bancorp Shares Are Diving Premarket Today
U.S. Bancorp reported a decline in revenue and net interest income for Q1 2024, but beat adjusted earnings expectations. FY24 guidance was also lowered.
Bank of America’s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts
Bank of America (BAC) reported Q1 net income of $7.2B, beating expectations with EPS of $0.83. Revenue declined, but stock has gained 18% in 12 months.
Citigroup’s Q1 Revenue Dips Slightly, But Investment Banking and Personal Finance Shine
Citigroup Inc reported a 2% revenue decline in Q1, beating expectations. Net income decreased by 27% due to higher expenses and credit costs.
What’s Going On With Wells Fargo Shares After Beating Q1 Earnings?
Wells Fargo reported Q1 earnings surpassing expectations, driven by increased noninterest income despite a decline in net interest income.
Conquering Convenience: BofA’s Erica Racks Up 2B Interactions
Bank of America's virtual assistant, Erica, has had over 2 billion interactions with 42 million clients since its 2018 launch, providing personalized guidance and insights.
Facing Consequences: Bank CEOs To Refund Three Years’ Salary Following Bank Failures, Proposes Bipartisan Bill
A new bi-partisan coalition in the Senate is pushing a bill that would punish CEOs and executives of…
European Digital Bank Bunq Forays Into US With Promise Of Better Service
A major European neo-banking start-up company, Bunq BV, is set to expand its footprints in the U.S.
On Tuesday, the company applied for a banking license in the U.S., targeting to serve 5 million European emigrants and businesses in the U.S.