Offshore Trader
53.4K views | +2 today
Follow
 
Scooped by Igor Espanhol
onto Offshore Trader
Scoop.it!

Fed's ‘Fear of God’ Penalty Sours Wall Street on Wells Fargo #investorseurope #finance #news #tax #money #business

Fed's ‘Fear of God’ Penalty Sours Wall Street on Wells Fargo #investorseurope #finance #news #tax #money #business | Offshore Trader | Scoop.it
Analysts at firms including JPMorgan, Morgan Stanley and Citi are slashing their ratings on Wells Fargo after the Federal Reserve devised harsh new punishments in the wake of the bank’s scandals. They’re pointing to hits to growth, earnings, business opportunities and the potential for other painful regulatory action yet to come. At the same time, a few are unshaken, as they think Wells Fargo can handle the hit, and as the Fed’s move may bolster broader regulatory relief efforts. Wells Fargo sha
Igor Espanhol's insight:

"Analysts at firms including JPMorgan, Morgan Stanley and Citi are slashing their ratings on Wells Fargo after the Federal Reserve devised harsh new punishments in the wake of the bank’s scandals. They’re pointing to hits to growth, earnings, business opportunities and the potential for other painful regulatory action yet to come."

more...
No comment yet.
Offshore Trader
Offshore Trader is a best of breed offshore but online trading platform that, together with a nominee trading account, gives clients privacy.Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
Curated by Investors Europe Stock Brokers

Trade in Privacy.

FREE DEMO : http://demotradingplatform.com/