Wells Fargo & Co. (NYSE:WFC) said it has entered into a 10-year agreement with Dillard’s Inc. for the bank to fund, issue and service Dillard’s branded private label and co-brand credit cards. Wells Fargo & Co (NYSE:WFC) shares after opening at $49.77 moved to $49.88 on last trade day and at the end of the day closed at $49.76. Company price to sales ratio in past twelve months was calculated as 5.55 and price to cash ratio as 0.82. Wells Fargo & Co (NYSE:WFC) showed a positive weekly performance of 2.60%.
Citigroup Inc. (NYSE:C), ItauUnibanco Holding SA (ADR) (NYSE:ITUB) and BancoBradesco SA are proposing an exit from a consortium of 14 underwriters who are to underwrite 6 billion reais ($2.65 billion). Itau Unibanco Holding SA (ADR) (NYSE:ITUB) shares advanced 3.14% in last trading session and ended the day on $15.46. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) yearly performance is 3.83%.
Morgan Stanley (NYSE:MS) Chief Financial Officer Ruth Porat on Wednesday called on government and corporate leaders to encourage the promotion of women into senior business roles, saying the number of women in top positions at U.S. Morgan Stanley (NYSE:MS) shares moved up 0.64% in last trading session and was closed at $31.41, while trading in range of $31.02 – $31.59. Morgan Stanley (NYSE:MS) year to date (YTD) performance is 0.32%.
Federal authorities have opened an investigation into a $400 million fraud involving Citigroup Inc. (NYSE:C) Mexican unit, the New York Times reported, citing people briefed on the matter. Citigroup Inc. (NYSE:C) weekly performance is -3.83%. On last trading day company shares ended up $48.24. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is -1.15%. Analysts mean target price for the company is $58.86.
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