Wells Fargo tells Fox News Digital that its relocation to West Palm Beach is a "strategic commitment" to serving high-net-worth clients by increasing the wealth branch's reach in Florida.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

JPMorgan Chase CEO Jamie Dimon says the U.S. economy remains resilient despite geopolitical uncertainty as the bank beats quarterly profit forecasts.

The CEOs of two major U.S. banks discussed President Donald Trump's tariffs in letters within their quarterly earnings reports and said that the duties could slow the economy.

A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.

President Donald Trump accused leading U.S. banks of debanking conservative clients over their political views, a claim that financial institutions have pushed back on.

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.

More than a dozen Wells Fargo employees found themselves out of a job last month after the bank investigated allegations of "simulation of keyboard activity."

The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.