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Wells Fargo & Company

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Let’s hear it for the bank which takes pride in being dull

23.10.09
Rebuilding Britain's banks: When Britain's greatest comic writer PG Wodehouse penned Psmith In The City in 1908 there was more than a touch of the autobiographical about it ... more

Third-quarter fillip leads to a load of bull from HSBC

06.10.09
This year’s third quarter was the best performance experienced by the Footsie since records began in 1984 but HSBC has today been telling clients: you ain’t seen nothing yet ... more

HSBC putting the brakes on spike in Inchcape’s shares

21.08.09
CAR dealer Inchcape slammed into reverse today as HSBC warned that a recovery in sales remains more than a year away ... more

US drugs giant takes stake in cannabis grower GW

06.08.09
Shares in the UK’s only legal cannabis grower, GW Pharmaceuticals, stood out with a rise of 7p to 83p after successfully raising almost £7 million ... more

Citi’s upbeat earnings view keeps the Footsie buoyant

23.07.09
The end of the global earnings recession is in sight, according to heavy-hitting broker Citigroup ... more

City Spy: Gloves off for BGC vs Tullett fight

03.07.09
Roll up! Roll up! Monday sees the start of what could be a fascinating week in the High Court in the Strand. Case Number One, which may well take all of July, involves City giants Tullett Prebon (prop. Terry Smith) and BGC over alleged poaching of Tullett’s highly paid expert staff ... more

Dollar on the rise as analysts back US for a faster recovery

29.06.09
The dollar strengthened against the pound and the euro as analysts backed the US to recover from recession faster than Europe... more

Commentary: Varley vindicated as he finally kills the threat of a bailout

12.06.09
John Varley declined to say anything when I suggested to him this morning that his strategy to avoid being bailed out by the Government had finally been vindicated ... more

Barclays fund arm sale may hand boss a £12m windfall

15.05.09
Barclays president Bob Diamond could get a £12.5 million windfall if the bank decides to sell its entire fund management arm Barclays Global Investors, rather than just its iShares offshoot ... more

US bank stress tests sort weak from strong

07.05.09
A line was drawn between America’s strong and weak banks as Washington published results of stress tests on 19 US financial institutions ... more

Stress tests find 10 US banks need more funds

05.05.09
The Obama Administration was poised to order about 10 US banks to raise new capital following government stress tests ... more

British banks hit by fears of another Wall Street bailout

28.04.09
Fresh fears shook British banks after US giants Citigroup and Bank of America said they may have to raise billions of dollars more to safeguard their future... more

Darling's Budget can't save a Government led by Gordon Brown

20.04.09
Labour’s survival now depends on whether its MPs have the courage to ditch the PM, argues a Labour Peer and leading economist... more

Citigroup’s rally adds to the cheer on Wall Street

17.04.09
Citigroup became the fourth US bank in recent days to report surprisingly good results as Wall Street looked to end the week on a high ... more

BHP Billiton 'has a new £18bn bid target in sights'

27.03.09
Having failed last year to buy rival mining giant Rio Tinto, it now looks as if BHP Billiton is lining up another major acquisition.... more

Grisly for bears as stock shortages add to the pain

24.03.09
Stock-market bears were continuing to feel the squeeze today as they rushed to cover any remaining open short positions following yesterday’s announcement of a $1 trillion rescue package for America’s banks... more

Boss says: That is snow excuse to miss work

05.02.09
TIMES are tough at Merton council. It’s ordered council employees who weren’t able to make it into work because of the snow, to account for the time from their annual leave.... more

US banks dim the lights on bunfights

05.02.09
Finance: Goldman Sachs is scaling back its annual hedge fund conference, holding it in New York rather than the glitzy occasion it had planned at a Miami resort... more

Citi-Morgan talks seen leading to wave of deals

12.01.09
Finance: Citigroup and Morgan Stanley are set to announce a deal to combine their brokerages, a move that could trigger a fresh wave of consolidation in the troubled and thinning banking industry ... more

Bush copies PM's rescue package with $250bn stake

14.10.08
President Bush has ordered a dramatic change of policy by taking a $250 billion (£143 billion) share in the top US banks... more

Markets see-saw as US takes wraps off rescue

14.10.08
Credit crunch: Shares around the world gyrated as the US government unveiled its giant rescue plan for Wall Street's biggest banks.... more

Why Sorrell should stay put and show gratitude

06.10.08
If there is one lesson among the many to be gleaned from the past few weeks, it is surely that big business cannot behave as though there is one law for itself and another for the little folk. ... more

Wells Fargo rides in for a surprise Wachovia coup

03.10.08
Banking: As Congressmen assembled to debate whether Hank Paulson's controversial bill to bailout the banks should be passed, the historic Wells Fargo bank agreed to buy America's fourth biggest bank, Wachovia, for $15 billion... more

Market report: Puzzle over talk of Shell takeover move on Regal

03.10.08
Mystery and speculation once again engulfed Regal Petroleum as reports of a £666 million takeover by Shell were denied... more

Wachovia saved from bankruptcy by Citigroup

29.09.08
Citigroup saved US bank Wachovia from almost certain bankruptcy as the worst financial crisis since the Great Depression wreaked more havoc on Wall Street... more

US lenders are sued for 'fraud'

24.07.08
Authorities in San Diego in southern California are looking to make their city a mortgage "foreclosure sanctuary", and are suing home lenders Bank of America and its recent acquisition Countrywide to help carry out the plan... more

Bank of America profits dive 41%

21.07.08
Bank of America's profits falls 41% as the credit crisis bites heavily into its bottom line... more

Warren's shares take Buffetting

02.07.08
Shares in Warren Buffett's Berkshire Hathaway have fallen almost 20% so far this year. The Standard & Poor's 500 index fell 15% in the same period... more

Lloyds star Dial returns to States to head Citi rescue

28.03.08
Lloyds TSB suffers a major blow as one of its star executives moves back to America... more

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