Previous Close | 1,329.50 |
Open | 1,332.50 |
Bid | 1,310.00 x N/A |
Ask | 1,315.00 x N/A |
Day's Range | 1,298.50 - 1,337.00 |
52 Week Range | 525.00 - 1,350.00 |
Volume | 5,731 |
Avg. Volume | 9,919 |
Market Cap | 16.431T |
Beta (5Y Monthly) | 1.32 |
PE Ratio (TTM) | 38.76 |
EPS (TTM) | 33.85 |
Earnings Date | N/A |
Forward Dividend & Yield | 5.93 (0.45%) |
Ex-Dividend Date | Aug 06, 2020 |
1y Target Est | N/A |
The Swiss bank lost over $800m in the first quarter, compared to a profit of $1.3bn in the same quarter a year earlier.
Wells Fargo, America’s fourth-largest bank by assets, has been quietly working on a plan to move its Asian regional hub from Hong Kong to Singapore as part of wider restructuring efforts. The move comes as the bank is drastically cutting costs and during a tumultuous time for Hong Kong, where Chinese authorities introduced a national security law last year to counter persistent anti-government protests. The plan would involve slowly building up Singapore as Wells Fargo’s Asian hub through a mixture of new hires and redundancies in Hong Kong, according to four people with knowledge of the matter.
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