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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

Washington Wire

Trump Says 'Not Planning' Fire Fed Chair Powell After Reports Suggest Powell Ouster Coming 'Soon'

Trump tempered reports from earlier in day that suggested he planned to fire Fed Chair Jerome Powell imminently.

Portfolio Construction

RIA M&A Activity Hits Record Pace in First Half of 2025

M&A activity among RIAs off to record-breaking for 2025, setting stage for what could become the most active year yet for deal-making in the space.

FundFocus

Trading and Dealmaking Boosted Goldman Profits as Wall Street Overcame Trump Tariff Chaos

Profits at Goldman Sachs (GS) surged in the second quarter as the Wall Street giant benefited from a boost in trading and dealmaking.

ETF Innovators

Growth Without the Gamble: How WisdomTree’s QGRW Screens for Sustainable Winners

WisdomTree’s QGRW ETF offers advisors a research-driven alternative to cap-weighted growth strategies. By combining rigorous quality screens with forward earnings expectations, the strategy captures AI-era opportunities across sectors while avoiding speculative pitfalls that plague traditional growth investing approaches.

  • 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

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

Washington Wire

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

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