Muhammad Atif is a multimedia journalist based in Washington, DC, United States of America. Currently he is associated with Voice of America where he is an anchor/reporter covering news and current affairs. Muhammad specializes in covering high profile news events as well as finding human interest ...

GE Vernova initiated with an Overweight at Wells Fargo

21 Nov 2024  |  medium.com  |  English  |  Artificial Intelligence

Wells Fargo analyst Michael Blum has initiated coverage of GE Vernova with an Overweight rating, highlighting the company's potential to benefit from the projected long-term growth in power demand. This growth is driven by factors such as the artificial intelligence data center buildout, U.S. reshoring, and electrification trends. GE Vernova is expected to capitalize on these trends primarily through its gas power business, as U.S. power demand is projected to increase by 3% annually through 2023.

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Wells Fargo

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Selin Bucak is a journalist based in London, UK.

LendInvest completes £410m securitisation of buy-to-let loans

30 Nov 2023  |  alternativecreditinvestor.com  |  English  |  Real Estate

LendInvest has completed its largest securitisation to date, amounting to £410 million in UK prime buy-to-let mortgage loans. This marks the group's fifth securitisation, receiving top ratings from Fitch and S&P Global Ratings. The funds will support LendInvest's buy-to-let and residential products, increasing its funds under management to £4.2 billion. The transaction, significant in the current market, was arranged by National Australia Bank and Lloyds, with Barclays, Citi, HSBC, Lloyds, National Australia Bank, and Wells Fargo Securities acting as joint lead managers. CEO Rod Lockhart highlighted the achievement's importance and the asset class's continued attractiveness.

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Wells Fargo Securities Fitch S&P Global Ratings National Australia Bank Lloyds Barclays Citi HSBC

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Piero Cingari is an accomplished financial writer and analyst with a rich background in covering financial and economic themes. He holds master's in economics from the University of Bologna. He began as a bond/FX strategist at AcomeA SGR, later covering currencies and commodities at Capital.com. ...

Bank Earnings Season Begins Friday: Analysts Warn Of Possible 'Sell-Off' On Day 1

24 Jan 2024  |  www.benzinga.com  |  English  |  Stock Market

Major banks including JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, and Bank of New York Mellon are set to report their fourth-quarter results, with Wells Fargo and Bank of New York Mellon expected to show an increase in both EPS and revenue. BlackRock also introduced its first Bitcoin ETF and will disclose earnings. Analysts from Wedbush and Bank of America provided insights, noting potential sell-offs and opportunities in bank stocks. Bank stocks have rallied and trade at a discount compared to the S&P 500, with regional banks like New York Community Bancorp, KeyCorp, and Truist Financial tipped to perform well in 2024.

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Wells Fargo & Company JP Morgan Chase & Co. Citigroup Inc. Benzinga Pro Wedbush S&P 500

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Al Emid is a journalist based in Toronto, Canada. He has extensive experience both in being a correspondent and co-ordinatingl large numbers of correspondents around the world. His byline currently appears in the Untied States, Canada and several Middle Eastern countries. As well as being located ...

Will Record Highs Continue With Optimism to Aid to a Shellshocked Population?

17 Dec 2020  |  Advisorpedia  |  English  |  Economic Stimulus

North American markets are poised to start positively, driven by promising vaccine news and optimism over potential economic stimulus as Republicans and Democrats near an agreement. Despite record highs, market volatility is expected to continue into 2021, with significant concerns over financial preparedness among Americans. Key market movements include FedEx's revenue increase, Carnival Corp.'s declining brand value, XpresSpa's new contract with United Airlines, and DoorDash's criticized IPO. Analysts remain cautious, reflecting mixed sentiments across various sectors.

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Wells Fargo Republican Party Democratic Party Goldman Sachs Merrill Lynch Berenberg Bank Morgan Stanley Barclays Stifel Nicolaus Citron Research Allianz Life Insurance Company of North America

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Yaren is a freelance writer currently based between Cyprus and Prague. She writes travel stories for digital publications and SEO content for startups and brands. Her work has appeared in The Independent, Time Out, Euronews, Reader's Digest, and more.

Boeing In Big Trouble as Workers Reject ‘Historic’ Contract to Strike

13 Sept 2024  |  www.business2community.com  |  English  |  Aerospace Industry

Boeing faces significant challenges as workers reject a 'historic' labor contract, leading to a strike that threatens to halt production and exacerbate the company's financial and reputational issues. The rejected deal, which included a 25% wage hike and other benefits, was deemed insufficient by workers who cited longstanding grievances. The strike could cost Boeing $1.5 billion in cash and further damage its reputation, already tarnished by safety concerns and financial losses. Analysts express mixed views, with some seeing potential opportunities for Boeing to reset its operations. Meanwhile, rival Airbus continues to outperform Boeing in orders and deliveries.

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Wells Fargo IAM Districts 751 & W24 Jefferies Bank of America Quantum Metric

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Umar Farooq is a journalist based in Istanbul, Turkey.  He reports regularly for the Los Angeles Times from the region.  In the past year, his work has also appeared in Foreign Affairs, National Geographic, The Guardian, Boston Review, and The Nation.  

He received a Pulitzer Center Crisis ...

10 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts

19 Dec 2023  |  nz.news.yahoo.com  |  English  |  Financial Analysis

The article discusses the positive outlook for various stocks as indicated by upgrades from Wall Street analysts. It highlights the improvement in U.S. homebuilder confidence and the Bank of Japan's continued ultra-loose monetary policy. Stocks such as Adobe Inc., Equifax Inc., Prologis, Inc., Citigroup Inc., Snap Inc., Salesforce, Inc., and The Progressive Corporation received upgrades from analysts, reflecting a vote of confidence in their growth potential. The article also mentions the National Association of Homebuilders/Wells Fargo Index and the perspectives of various analysts and financial institutions.

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Wells Fargo National Association of Homebuilders/Wells Fargo Bank of Japan JPMorgan Daiwa Securities Guggenheim Wolfe Research

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Fabrizio Goria is a journalist based in Washington, United States of America. Editor-in-Chief of EastWest online and Financial journalist for Il Corriere della Sera. Co-founder of Alpinismi. Formerly at Linkiesta, Eurointelligence, Il Riformista and Panorama. Named among the top 100 Foreign Policy “...

A life in debt, buying and paying in convenient installments: but is it always convenient? Here are the risks of buy now, pay later

08 Nov 2023  |  www.lastampa.it  |  Italian  |  Economic Trends

The article explores the growing trend of Buy Now, Pay Later (BNPL) services, highlighting both the convenience and the risks associated with this payment method. It discusses the rapid market expansion, particularly in Italy, where a significant portion of consumers use BNPL sporadically. The text underscores the potential for over-indebtedness, especially with upcoming shopping events like Black Friday and the holiday season. It also examines the global market size, key players like Klarna, Affirm, and Afterpay, and the challenges posed by low financial literacy and regulatory oversight. The article concludes with concerns about the sustainability of BNPL's popularity amid economic uncertainties and rising consumer debt.

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Wells Fargo Banca d'Italia BNP Paribas Visa Politecnico di Milano Istat

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I am a journalist based in Spain. I worked for Australian Associated Press during the summer bushfires of 2019/2020 and the COVID-19 pandemic.

I have also worked for TV, radio, and newspapers both locally at Barcelona-based media companies like 'Cadena SER Barcelona', 'El Periódico de Catalunya' ...

These are the banks that continue to prioritize fossil fuels

01 Mar 2023  |  Finanzas.com  |  Spanish  |  Banking

The UN Net-Zero Banking Alliance, comprising 43 banks, aims to align loan and investment portfolios with the energy transition to achieve net-zero emissions by 2050. However, a BloombergNEF analysis reveals that most member banks, including major financiers like JPMorgan, Citi, and Bank of America, have provided more funding to fossil fuels than to low-carbon energy projects. The study highlights that none of the top ten banks met the target investment ratio of 4:1 in favor of low-emission projects, with the overall ratio being 0.92:1. BNP Paribas performed the best among the top banks but still fell short of the target.

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Wells Fargo UN Net-Zero Banking Alliance Banco Santander Abanca Bank of America Amalgamated Bank JPMorgan Citi Morgan Stanley BNP Paribas

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Penn Little is a journalist based in Los Angeles, United States of America.

Penn's career began in the healthcare sector, then he became an entrepreneur in graduate school at the University of Arizona, where he earned an MBA. After three successful ventures, Penn became a journalist, for a ...

Graduate Student at Columbia Journalism School, Contributor for Standard Newspaper (Kenya), Member of Overseas Press Club of America, National Association of Black Journalists (NABJ), Bloomberg Media Initiative Africa (BMIA) Financial Journalism Training Alumnus, Pulitzer Africa Scholar, Simon and ...

Boeing gets welcome respite with $10 billion bond offering

29 Apr 2024  |  www.spokesman.com  |  English  |  Corporate Bonds

Boeing Co. successfully raised $10 billion through a bond sale, attracting $77 billion in orders and easing its financial strains by refinancing part of its debt. The strong demand allowed Boeing to reduce the yield premium on the bonds, which were sold in six portions with maturities ranging from three to 40 years. This move comes after Boeing reported a first-quarter loss and a credit downgrade by Moody’s. The bond issuance is expected to cover Boeing’s refinancing needs until early 2026. The deal was managed by Citigroup, Bank of America, JPMorgan Chase, and Wells Fargo. Boeing's CFO, Brian West, emphasized the company's commitment to maintaining its investment-grade rating and managing its balance sheet prudently.

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Wells Fargo & Co. Moody’s Ratings Federal Reserve CreditSights Inc. Bloomberg News Brandywine Global Investment Management Citigroup Inc. Bank of America Corp. JPMorgan Chase & Co. FAA

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Richard Parsons is a Photographer who also shoots footage, he is based in London, United Kingdom, & has been shooting stills for over 20 years with great experience in Automotive, Interiors and travel. 

In the last 6 years he has also ventured into shooting footage again for clients ranging from ...

Why Wells Debacle Is Cautionary Tale for Bank Boards

01 Oct 2016  |  www.americanbanker.com  |  English  |  Risk Management

The Wells Fargo scandal involving unauthorized customer accounts serves as a cautionary tale for bank boards, highlighting the need for scrutiny of extraordinary performance, the importance of industry expertise among directors, and the dangers of overconfidence. The article criticizes Wells Fargo's board for its lack of banking experience and overconfidence, exemplified by allowing CEO John Stumpf to join other corporate boards. It urges bank directors to question their growth rates, governance skills, and confidence levels to avoid similar pitfalls.

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Wells Fargo Board of Directors

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Able to provide - Fixing, Live Radio, Print, Radio Newsgathering, Radio Packages and some TV.
 BBC credits include Diana Ross & The Best of Jazz (as co-writer/co-producer): The Capitol Records Story and Superstar: The Karen Carpenter Story (as creator/writer/producer/host); and several BBC live ...

Analysts eye sequential core advertising improvement for TV station groups

20 Oct 2020  |  S&P Global  |  English  |  COVID-19 Impact

Analysts are closely monitoring the core advertising performance of TV station groups as they enter the third-quarter earnings season, with a focus on the impact of COVID-19 and the record political ad revenue. Despite a significant decline in second-quarter core advertising, projections for the third quarter show improvement. TEGNA, Gray Television, and Nexstar Media Group are expected to see better-than-anticipated results, driven by political ad revenue and subscription fees. Analysts also highlight the challenges faced by the industry, including the impact of the pandemic on auto dealerships, restaurants, and retail advertising. Additionally, there is interest in pay-TV subscriber trends and the potential impact on retransmission-consent revenue. Sinclair Broadcast Group's acquisition of regional sports networks and its impact on revenue amid the pandemic is also discussed.

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Wells Fargo Kagan NBA NHL MLB

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Former Reuters multimedia reporter now freelancing in Spain for international media after being based in Mexico, Brazil, USA, Canada, Portugal and UK. Has grilled both Fidel Castro and George W. Bush at news conferences, covered everything from World Cup finals to plane crashes, and from ...

Reliable professional journalist based in central Florida. I report for NPR and its central Florida affiliate, covering  daily news and am a strong feature reporter. Gathering audio--be it through tape syncs, vox pops, or live, one-on-one interviews--is my forte. I also have strong editing skills.

Collaboration With Wells Fargo and Operation HOPE Expands Free Financial Education

24 Jan 2024  |  Word In Black  |  English  |  Banking Inclusion

Wells Fargo and Operation HOPE are collaborating to expand financial education for underserved communities in the United States. They plan to launch 50 HOPE Inside centers by the end of 2026, which will serve over 150 Wells Fargo branches. These centers offer free financial coaching, including money management and credit improvement. Currently, 20 centers are operational in cities like Atlanta and Houston. The initiative is part of Wells Fargo's Banking Inclusion Initiative, aiming to integrate more people into the banking system. Darlene Goins of the Wells Fargo Foundation highlighted the positive impact of the program, with clients improving their credit and reducing debt. The article also discusses the benefits of having a bank account, such as building credit history, lower transaction fees, access to emergency funds, and secure fund transfers.

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Wells Fargo Foundation

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Elliot Smith is a British multimedia journalist with eight years' domestic and international experience covering geopolitics, economics, business and sport, most recently working as a full-time Correspondent for CNBC in London.

Having recently relocated to Copenhagen, he will now be available to ...

CIO calls a new phase in the market, says a ‘healthy' rotation has begun

20 Mar 2024  |  www.nbcphiladelphia.com  |  English  |  Economic Forecast

Charles-Henry Monchau, CIO of Bank Syz, and Scott Wren of Wells Fargo predict a 'healthy' rotation in the stock market with a broadening of upside participation, despite a technical recession expected in the first half of the year. The 'Magnificent Seven' tech stocks, which significantly contributed to the S&P 500's market cap, may come under pressure as the market shifts focus from Big Tech to sectors like industrials, materials, and health care in anticipation of an economic recovery.

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Wells Fargo S&P 500 CNBC

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Zara Stone is a freelance multimedia journalist and producer. She has produced, shot and edited video for live TV and ABC affiliate stations and written stories for The Atlantic and OZY media.

Silicon Valley’s Investors Take On The Prison Industrial Complex

28 Feb 2020  |  Forbes  |  English  |  Criminal Justice Reform

Silicon Valley investors are increasingly focusing on criminal justice reform, with many directing funds away from private prisons and towards social justice-oriented companies. The private prison industry, criticized for ethical issues and poor inmate care, is facing financial challenges as major banks and institutional investors divest. Activists and impact investors are pushing for systemic change, highlighting the economic and social costs of the current punitive system.

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Wells Fargo The Candide Group Kapor Capital KNGDM Impact Fund Presente.Org ICE J.P. Morgan Bank of America BNP Paribas SunTrust Barclays Fifth Third Bank PNC Fitch Ratings

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Steven Winkelman is a journalist.

How to avoid getting scammed on Zelle

01 Oct 2023  |  Android Police  |  English  |  Consumer Protection

Scams are prevalent in the online world, particularly with payment apps like Zelle. Zelle, supported by major U.S. banks, offers a secure way to send and receive money but is not immune to fraud. The article provides tips to avoid Zelle scams, such as sticking to transactions with friends and family, being cautious of urgent requests, setting up two-factor authentication, and considering alternative apps like Venmo. It also outlines common scams like phishing, fake invoices, and Facebook Marketplace fraud. If scammed, users should report the incident to their bank and the FBI. Despite the risks, being vigilant can help users stay safe.

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Wells Fargo Bank of America JPMorgan Chase Early Warning Services Senate Committee on Banking, Housing, and Urban Affairs FBI

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Day Woods is a based in Louisville, United States of America.

Watch out: Why luxury wristwear could be sign of corruption

27 Apr 2020  |  www.complianceweek.com  |  English  |  Crime

Babak Broumand, a former FBI agent, has been charged by the Department of Justice in California with conspiracy to bribe a public official. Broumand allegedly accepted bribes from an organized crime figure, which began when he was seen wearing a gold Rolex watch. The watch, a symbol of wealth and status, was identified as an opportunity for recruitment by an associate of organized crime. Broumand accessed secret law enforcement databases in exchange for money, potentially compromising ongoing investigations and the safety of undercover agents. The article highlights the use of luxury watches in criminal activities, including money laundering and status signaling.

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Wells Fargo Department of Justice Federal Bureau of Investigation Wachovia Bank

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