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Wells Fargo

This could be biggest year for bank mergers since the late 1990s

Faced with low interest rates and intense competition for consumer deposits and loans from financial giants, regional banks may rush to merge this year to keep pace with larger rivals.

Wells Fargo’s bottom line is growing despite shrinking deposits and loans

Wells Fargo's lending and deposits continue to shrink but the crisis-stricken bank managed to grow its bottom line during the first quarter.

Wells Fargo unloads retirement-plan unit for $1.2 billion

Wells Fargo is saying goodbye to its retirement-plan business as the bank continues to grapple with a penalties, legal fees and a backlash over its scandals.

Corporate America loves deregulation. Then why is it pushing for these rules?

Corporate America is once again in a fight over regulation. Except this time, large businesses have switched sides: they're actively asking the government to impose new rules.
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Wells Fargo CEO Tim Sloan steps down suddenly

Wells Fargo CEO Tim Sloan is stepping down effective immediately as the bank struggles to overcome a litany of scandals.

Wall Street firms made $27 billion last year. That’s the biggest haul since 2010

Wall Street profits climbed to an eight-year high in 2018 as the industry continued its recovery from the financial meltdown of 2008.

BB&T and SunTrust announce $66 billion merger, creating the sixth-largest US bank

Two of the largest US regional banks are joining forces in a bid to compete with the nation's biggest players.

W. Hartford’s GYL Financial merges with Westport investment advisor

GYL Financial Synergies, a West Hartford-based independent registered investment advisory firm founded in 2014, said it's merged with Westport's Resnick Investment Advisors.
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CT to get $5.2M in Wells Fargo deal

Wells Fargo will pay $575 million under a 50-state settlement led by Connecticut and three other states relating to fraudulent mortgage and insurance fees, as well as the scandal in which millions of accounts were created without consumers' consent, Attorney General George Jepsen announced Friday.

Trump and the Fed; US government shutdown; Market jitters

1. Trump and the Fed: Does President Donald Trump have the legal authority to fire Federal Reserve...
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