Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market pressure : The major stock benchmarks were moving lower Wednesday, with the Dow getting the worst of it again. Adding pressure on equities, bond yields … Read more

Wells Fargo hiring spree to boost investment banking improves our stock outlook

Wells Fargo hiring spree to boost investment banking improves our stock outlook

Wells Fargo is breaking out of its lending roots. The bank has quietly gone on a hiring spree to grab a bigger slice of the profitable investment banking business long dominated by its Wall Street rivals. Since the start of 2023, a CNBC analysis found that Wells Fargo made at least 17 senior-level hires in … Read more