America's big banks just reported Q3 earnings.
WFC
Wells Fargo & Company
Dow Jones Industrial Average Today Slides as Investors Question Global Growth
The Dow Jones Industrial Average today is falling as the U.S. dollar gets stronger and stronger.
Today, the dollar hit a seven-month high.
Wells Fargo Scam Not Unique - Other Banks Do the Same Thing
The evidence is mounting that the Wells Fargo scam was not unusual practice in the banking industry, which means investors need to brace for similar scandals at other banks.
The heavy pressure on workers to "cross-sell" multiple products to the same customer is what got Wells Fargo into hot water – and is accepted practice at most consumer banks.
These are the banks most likely to end up in regulators' crosshairs next...
Here's Where the Wells Fargo Stock Price Is Headed After Earnings
At a recent $44.37, the Wells Fargo stock price is down 18% year to date.
Focus shifts today from the fake accounts scandal to earnings.
Here's where the Wells Fargo stock price is headed after today's Q3 2016 earnings...
Dow Jones Industrial Average Today Slumps to Three-Week Low as Volatility Surges
The Dow Jones Industrial Average today shed 45 points as volatility spiked.
Dow Jones Industrial Average Today Slides After Weak China Data
The Dow Jones Industrial Average today is falling after investors worry about weak economic data from China.
There was a sharp decline in exports from China, and the world's second-largest economy seems to be in trouble.
Dow Jones Industrial Average Today Slips Before FOMC Meeting Minutes Released
The Dow Jones Industrial Average today is down before the Fed releases the September FOMC meeting minutes.
Investors believe there will be a rate hike in December, but want to gather more intel from the meeting minutes.
You Could Be Stuck with Deutsche Bank’s Bills
The 5,300 Wells Fargo employees who set up 2 million bogus accounts to bring in a measly $5 million in extra fees are being fobbed off as "a few bad apples."
They're not. They're the product of a global corporate culture of entitlement and corruption. The proverbial tip of the iceberg.
Don't get me wrong – Wells' misdeeds are bad, but there's much, much worse going on in the banking sector right now.
The moral hazard and casino banking underway at this very moment are putting the entire global financial system at risk – again – when we've barely recovered from the last crisis.
Dow Jones Industrial Average Today Plunges After Rocky Start to Earnings Season
The Dow Jones Industrial Average today fell 200 points after a poor start to the earnings season.
Dow Jones Industrial Average Today Dips as Oil Prices Remain Volatile
The Dow Jones Industrial Average today is falling as investors are concerned OPEC won't put a cap in oil production.
Investors are skeptical that OPEC will actually reach an agreement in November to stop excessive production.