After Blowing $328 Billion on Share Buybacks since 2017, JPMorgan, BofA, Wells Fargo, Citi, Goldman Sachs Stocks Drop by Wolf Richter • Apr 15, 2022 • 175 Comments Q1 was crappy as IPOs imploded, investment banking took a hit, mortgage activity fizzled, other stuff happened.
Top 10 Share-Buyback Queens – Big Tech except Intel, Big Banks except Wells Fargo, Buffett – Incinerate Most Cash Ever in Q2. The Rest Lags by Wolf Richter • Sep 25, 2021 • 137 Comments Funded by Debt: Since 2012, share buybacks totaled $5.5 trillion, corporate debt soared by $4.7 trillion.
Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears by Wolf Richter • Mar 6, 2019 • 99 Comments But the US government got them all beat.
It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Aug 6, 2018 • 82 Comments A Friday-afternoon-in-August disclosure. Here’s its rap sheet of ongoing official scandals.
I Asked my Wells Fargo Branch about CDs with Higher Interest Rates. This is What Happened Next by Wolf Richter • Apr 27, 2018 • 96 Comments Competition for cash returns for the first time in 9 years, and banks hate it.
Wells Fargo Gets Clocked in California by Wolf Richter • Oct 17, 2017 • 65 Comments Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Wells Fargo’s Artificial Intelligence Defies Analysts, Slaps “Sell” on Google and Facebook by Wolf Richter • Oct 7, 2017 • 74 Comments Oh the irony!
Holy Moly, Now Wells Fargo Recommends a Credit Freeze in Equifax Hack by Wolf Richter • Sep 17, 2017 • 72 Comments Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Jul 29, 2017 • 90 Comments New scandal: another 570,000 (800,000?) customers become victims.
I Went to a Wells Fargo Branch, this is What Happened Next by Wolf Richter • Oct 23, 2016 • 140 Comments They have learned nothing.