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Wells Fargo loses millions

Wells Fargo & Co. has lost “tens of millions of dollars” in revenue from municipal and state clients since a sales scandal in its consumer bank erupted 10 months ago, Chief Financial Officer John Shrewsberry said.

SEC looses Wells Fargo trader case

Sec Building

The U.S. Securities and Exchange Commission has affirmed the dismissal of an administrative case against a former Wells Fargo trader after two commissioners split on whether the evidence proved he engaged in insider trading.


Citi Building Sign

Citigroup results beat the Street

Citigroup reported better-than-expected second-quarter results Friday. The stock, however, fell in the premarket after the bank reported a slowdown in trading results.

JPMorgan Chase

People News - C Suisse, JPMorgan

Credit Suisse has appointed Robert Willoughby to the role of senior advisor for its healthcare investment banking group, according to a memo reviewed by Reuters and confirmed by a spokesman for Credit Suisse.