Brokerage firms may seek to sweep cash into affiliated banks, often paying low interest rates. According to some reports, brokers could make 10 times more than their customers do on their cash.

Federal Reserve Chair Jerome Powell told reporters that bank reserves appear to remain abundant, leaving room for the central bank to continue shrinking its balance sheet, a process widely known as ...

The bank offers high APYs on some short ... APY of up to 4.17% if you have an eligible checking account—most of the bank's offerings are low compared to what some of the best CD rates. Wells Fargo's ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

Delving into the details, we found 50% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we ...

The last of the six major US banks recently exited the Net Zero Banking Alliance. These departures may have created a buzz, ...

We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...

The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

Sweep funds automatically move idle cash into interest-earning accounts, helping you maximize returns and manage your money ...

When DEI initiatives are caught in the crossfire of shifting political, economic, and social pressures, should investments be ...

Wells Fargo launched ... for 12 months from account opening, and then the ongoing APR of 19.24%, 24.24%, or 29.24% Variable APR.. This 0% offer doesn’t apply to balance transfers, though.

Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and delinquenices are rising.