Wells Fargo's equity research team on Thursday upgraded its rating on U.S. banks to outperform, amid an overall look at lenders' valuations, technicals, and the macro picture of the marketplace.

Wednesday's action on the stock market was fairly sedate, with stock market indexes like the S&P 500 index essentially moving sideways. Late on Tuesday, Bloomberg reported that federal bank regulators ...

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

After showing Stumpf’s picture, Kress pulled out a chart showing how Wells Fargo’s stock price had outperformed all of its big bank peers for the decade leading up to the scandal.

Champagne flowed outside of the high-rise corner office of Wells Fargo ... the bank’s general counsel, Ellen Patterson, a surprise to Scharf because of her normally straight-laced nature. Scharf and ...