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Jim Cramer on Wells Fargo: “Bank at 13 and a Half Times Earnings is Very Cheap”
Yahoo Finance· 2025-10-24 12:12
Group 1 - Wells Fargo & Company (NYSE:WFC) is viewed as a potentially undervalued stock, trading at 13.5 times earnings, which is considered cheap [1] - The Federal Reserve has lifted the asset cap on Wells Fargo, which has generated interest among investors [1] - Despite recent challenges facing regional banks, there are no systemic issues currently observed in the banking sector [1] Group 2 - Wells Fargo provides a range of financial services including banking, investment, mortgage, lending, wealth management, treasury, and capital markets solutions [2]
Blockchain.com Receives MiCA License in Malta, Appoints FIMA Chair as Director of EU Operations
Yahoo Finance· 2025-10-23 17:14
Luxembourg-based fintech firm Blockchain.com can legally offer wallet and custody services in the European Economic Area (EEA) after securing its Markets in Crypto-Assets (MiCA) license from the Maltese Financial Services Authority (MFSA). Blockchain.com CEO Peter Smith shared the news in an Oct. 23 post on X, calling it a “major step forward” for the firm. Smith also praised “Malta’s regulatory clarity and strategic position” in a statement, where he referred to the country as “the ideal hub to scale Bl ...
Jim Cramer Says Wells Fargo Earnings Indicated “Credit Quality Was Very Strong”
Yahoo Finance· 2025-10-23 13:20
Group 1 - Wells Fargo & Company (NYSE:WFC) has shown strong earnings, indicating robust credit quality according to Jim Cramer [1] - The company provides a range of financial services including banking, investment, mortgage, lending, wealth management, treasury, and capital markets solutions [1] - Charlie Scharf, the CEO of Wells Fargo, has been credited with revitalizing the bank after a significant scandal and has focused on delivering reliable positive earnings [1] Group 2 - The Federal Reserve imposed an asset cap on Wells Fargo seven years ago, which has significantly impacted the bank's operations [1]