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Bank Of America, Wells Fargo Report Profit Surge As Trading Activity Powers Results

by The Wealth Advisor Contributor
Banking giants Bank of America and Wells Fargo both reported Wednesday morning that their fourth quarter and full-year profits rose from a year ago.

Featured

Ned Davis Distills Political Angst Into ‘Big MAC’ Equity Trade

Wall Street loves few things more than a good acronym to describe a trading thesis. Think FANG, FOMO/YOLO and TACO.

Growing Number Of Options Traders See No Fed Cuts In 2026

Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

King Charles III has moved to reclaim Royal Lodge in Windsor Great Park from his brother Prince Andrew.

Recent

RIA Knowledgebase

OpenInvest says it will keep its 'magic' after sale to JPMorgan Chase

JPMorgan Chase is seeking to take advantage of the environmental-social-governance investing boom with its agreement to buy OpenInvest.

RIA Knowledgebase

As financial advisor workforce ages, what will it mean for retirement plans?

Demographic shift might have ripple effects beyond the advisors’ own companies.

RIA Knowledgebase

Broker count declines as the number of RIAs grows, FINRA's yearly tally shows

FINRA-registered firms earned a combined $77.21 billion in pretax net income in 2020.

RIA Knowledgebase

SEC Obtains Final Judgment Against Financial Advisor Who Misappropriated Over $6 Million from Elderly Investors

The U.S. District Court for the District of Maryland has entered a final consent judgment.

  • More Articles

Popular

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

The Trust Advisor

I Asked ChatGPT How To Make My Estate ‘Drama-Proof’ For My Heirs In 2026 — Here’s Its 12-Month Checklist

Washington Wire

Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

Washington Wire

Jamie Dimon Backs Fed Chair Powell Amid DOJ Probe: 'Everyone We Know Believes In Fed Independence'

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