Author: Reuters

(Reuters) – Wells Fargo and a number of other lenders are negotiating to take control of a hedge fund previously valued at more than $2 billion that is now worth close to nothing, according to a report from the Wall Street...

(Reuters) – Wells Fargo is poised to eliminate a number of its smaller businesses, the company’s chief financial officer said in an article published Sunday. Powered by...

LONDON/FRANKFURT (Reuters) – Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said. Powered...

(Reuters) – U.S. stocks edged higher in late morning trading on Friday as weak economic data dimmed chances of another rate hike this year, while tepid forecasts by JPMorgan and Wells Fargo limited gains. Powered by...

WASHINGTON/NEW YORK (Reuters) – The top Democrat on the U.S. House of Representatives’ antitrust subcommittee has voiced concerns about Amazon.com Inc’s $13.7 billion plan to buy Whole Foods Market Inc and is...