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Nalezeno "Fargo": 69

Wells Fargo's Top Analyst Predicts End of Stocks Bear Market – What Does This Mean for Cryptos?

14.2.2023
A top analyst at the major US bank Wells Fargo has predicted that the bear market in stocks is over for now – a prediction that could also be good news for crypto. According to Chris Harvey, a highly respected equity strategist at Wells Fargo, the latest pullback seen in the yield...

Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report

25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...

Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023

30.12.2022
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head...

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

22.12.2022
One of the biggest banks in America once again paid a billion-dollar-scaled fine for the illegal treatment of its customers

New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’

19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...

Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System

17.11.2022
The system started operating almost a year ago with the U.S. and Canadian dollars, British pound and euro and has settled over $200 billion in transactions

Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call

6.10.2022
The bank's analysts say Silvergate's growth potential is limited during crypto winter

Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk

29.9.2022
Wells Fargo says Coinbase will face headwinds in its path to sustaining profitability

Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says

13.6.2022
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....

KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

10.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo, Among Others

10.5.2022
Crypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors

Wells Fargo: Cryptocurrency Has Entered ‘Hyper-Adoption Phase’

13.2.2022
Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption” phase. “Cryptocurrencies have been following an adoption pattern similar to other new advanced technologies, such as the internet,”...

Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9

11.2.2022
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years

Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors

8.2.2022
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise...

Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report

7.2.2022
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future

Wells Fargo and HSBC Will Settle Currency Trades Using Blockchain

15.12.2021
The blockchain sector was in the headlines recently, with Wells Fargo and HSBC announcing to use of the technology. The two banks have started using blockchain technology to settle transactions directly. In addition, the institutions will reconcile and pay off deals in sterling, dollars, Canadian...