Wells Fargo

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British lender Barclays has axed 2,700 jobs at its investment bank this year as part of a wider cull of 19,000 roles over three years

The banking sector’s long and painful restructuring accounted for a further 1.2 per cent fall in staff numbers at Europe’s biggest lenders in the firs(...)

An attendee displays the new Apple iPhone 6 for a photograph as the iPhone 6 Plus is displayed after a product announcement.  Photographer: David Paul Morris/Bloomberg

Apple said many customers will need to wait until next month for their new iPhones after a record four million first-day pre-orders were logged, doubl(...)

Chairman of Berkshire Hathaway, Warren Buffett, who turns 84 on August 30th and is the world’s third-richest person, oversees a conglomerate with more than 80 businesses. Photograph: Bloomberg

Berkshire Hathaway’s share price has crossed $200,000 (€150,000) for the first time, the latest milestone for the company that Warren Buffett built ov(...)

Wells Fargo  has been insulated from the declines in fixed income, currencies and commodities trading that has hurt the major Wall Street banks. Photograph: Getty Images

Wells Fargo, the biggest US bank by market capitalisation, broke a streak of record profits over 15 quarters to report net income of $5.7 billion in t(...)

Wells Fargo, the largest US mortgage lender, reported a 3 per cent rise in second-quarter profit, helped by a rally in the equity and fixed income markets.

Wells Fargo, the largest US mortgage lender, reported a 3 per cent rise in second-quarter profit, helped by a rally in the equity and fixed income mar(...)

In Dublin, Ryanair was up 1.03 per cent to €6.80 in a busy day’s trading in aviation stocks across Europe and in the United States. Photograph: Rui Vieira/PA Wire

Investors took the opportunity to reflect yesterday on recent gains, particularly with the US corporate results season looming into view.China’s seco(...)

Alcoa employees release molten aluminium into a vertical cast at the company’s production plant in Goose Creek, South Carolina, in the US. Photograph: Stephen Morton/Bloomberg

Corporate earnings season is upon us with Alcoa, the largest US aluminum producer, set to report second-quarter results tomorrow. The company has trad(...)

Rory McIlroy of Northern Ireland reacts to a tee shot at the 3rd during the final round of the Wells Fargo Championship at the Quail Hollow Club. (Photo by Richard Heathcote/Getty Images)

Rory McIlroy looked set for another top-10 finish as the Wells Fargo Championship built to a climax at Quail Hollow, North Carolina last night. The No(...)

Rory McIlroy  lines up a putt on the 16th green during the first round of the Wells Fargo Championship at Quail Hollow. Photograph: Richard Heathcote/Getty Images

Back at the scene of his breakthrough win on the US PGA Tour, Rory McIlroy rescued a round that could have been slipping away from him to finish three(...)

   Federal Reserve chair Janet Yellen (above), speaking in New York,  re-affirmed the Fed’s commitment to keep interest rates low, even after ending its bond buying program, as long as inflation remains under target and unemployment elevated. Photograph Reuters/Larry Downing

Global equity markets advanced broadly yesterday after China reported growth that beat expectations, providing relief to investors worried abo(...)

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