- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Wells Fargo (NYSE:WFC) purchases WestLB’s subscription finance portfolio, which includes around $6 billion in commitments, with about $3 billion outstanding. Financials of the transaction were not reported.
Morgan Stanley’s (NYSE:MS) division in Germany is currently without an official chief, as Dirk Notheis was granted a leave of absence subsequent to his allegedly sending emails to the premier of a German state, which has made regulators uneasy. Supposedly the contents of the messages ignited suspicions that Notheis and that government had a relationship that was too close for proper business norms.
Don’t Miss: Nasdaq: We Messed Up BIG During Facebook’s IPO.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.