DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Banks - 1 Wells - 1 Morgan Stanley - 1 Morgan Stanley's dealmaking - 1 Tomasz Piskorski - 1 Piskorski - 1 Jim Cramer - 1 Morgan - 1
Top related locs:
Wells CRE U.S Wells Fargo South Lake Seattle , Washington
Top related orgs:
Columbia Business School - 1 Federal Reserve - 1 CNBC - 1 That's - 1 Semiconductor - 1 Arm Holdings - 1 Rivian - 1 IB - 1

Search resuls for: "Wells Fargo execs"


2 mentions found


☆ What a stressed commercial real estate market means for these exposed bank stocks
  + stars: | 2023-09-27 | by ( Morgan Chittum | ) www.cnbc.com   time to read: +9 min
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. Commercial real estate landscape Higher interest rates, tightening credit conditions and elevated office vacancies are weighing down the estimated $21 trillion commercial real estate sector . A lagging commercial real estate market can strain a bank's capital reserves while a stronger market can boost incomes from lending and fees. While there's reason for concern in the broader commercial real estate market, we see the most pronounced challenges unfolding in offices. CEO Charlie Scharf said the bank sustained "higher losses in commercial real estate, primarily in the office portfolio."
Persons: Banks, Wells, Morgan Stanley, Morgan Stanley's dealmaking, Tomasz Piskorski, Piskorski, Jim Cramer, Morgan, deteriorations, Tailwinds, JPMorgan Chase, Wells Fargo, Michael Santomassimo, Charlie Scharf, Jeff Marks, Wells Fargo execs, Santomassimo, Jim Cramer's, Jim, Collin Madden, Karen Ducey Organizations: Columbia Business School, Federal Reserve, CNBC, That's, Semiconductor, Arm Holdings, Rivian, IB, Barclays, JPMorgan, GEM, Estate Partners, South Lake Union Locations: Wells, CRE, U.S, Wells Fargo, South Lake, Seattle , Washington
☆ Emerging markets, M&A, and new services: here are the key trends to watch in the fast-changing payments space
  + stars: | 2019-09-23 | by ( Shannen Balogh | ) www.businessinsider.com   time to read: +11 min
Emerging markets, led by Latin America, powered 6% growth in global payments revenue last year, according to a brand new report from McKinsey. Consulting firm McKinsey & Company published its 2019 Global Payments Map report on Monday at the Sibos conference in London. It flagged strong growth in areas of global payments revenue, and drilled down into changes that legacy financial institutions may need to make to capture some of the broader space. Emerging markets driving revenue growthMcKinsey expects payments revenues to top $2.7 trillion by 2023. One key factor of growth here is the increase in electronic payments, especially in emerging markets, the report said.
0 next >>
Total: 2