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-0.000132546774379566 0.000642077231734829 0.00150277057186185 0.00133063190383647 0.00201918657593812 -0.00133751745055747 0.000297799895683946 -0.000304685442404946
Stock impact report

The 4 'Too Big To Fail' Banks Have Rebounded, Book Profits On Turkey's Turmoil [Forbes]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Forbes
Tweet This (Photo by Michael Brochstein/SOPA Images/LightRocket via Getty Images) This morning we learned that Turkey’s economy was on the brink of collapse. This is a serious international problem and could spread throughout Europe and around the world. The exposure is in the global banking system, which includes the four ‘too big to fail’ money center banks, namely Bank of America (BAC) , Citigroup (C) , JPMorgan Chase (JPM) and Wells Fargo (WFC) . My opinion has been that the big banks should be broken up as they are also ‘too big to regulate,’ particularly with global debt at a new record of $247 trillion. The biggest banks have tentacles around the world and face financial time bombs. The big banks have exposure record levels of corporate and household debt around the globe The Federal Reserve is raising the federal funds rate and unwinding its balance sheet with the uncertainties of the impact on increased tariffs and Show less Read more
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