The fourth biggest bank in the US in terms of assets, Wells Fargo (NYSE:WFC), is considering the move to outsource a number of jobs to areas outside of the United States in its effort to cut costs in the company.
Earnings Report to Play a Significant Role on the Market
January 9, 2011 By
The coming week will keep investors on their toes with a limited possibility of gains for US equity even though the earnings report will show positive reports.
The fourth quarter earnings report will play a significant role since investors may hold back if signs of weakness are shown. However major indexes closed positively for the sixth week in a row.
Mortgage Rates Stabilize in Markets Including Wells Fargo
November 24, 2010 By
Recently mortgage rates in institutions such as Wells Fargo have become more stable after experiencing volatility during the last two weeks. During the opening two days of the present week, mortgage rates have been limited to a certain level, which proves the end of the refinement process of QE2. While the mortgage rates keep on [...]
