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Wells Fargo bankers 'toting guns,' aim at 40 percent of market
Wells Fargo sales managers find creative ways to motivate the bank's mortgage unit for a bigger share of the business than they already control and urging loan officers to lend more.Wells Fargo doubles down on mutual funds as rivals wither
Wells Fargo & Co. will double its $444 billion asset-management unit within seven years by expanding in international markets as wounded European rivals retrench.Dip in births may extend housing slump
Frances Janisch had a daughter five years ago. Now she and her husband may not have a second child because income from their photography business in New York City is erratic."I always imagined I would have two, so it bothers me that I don't," said Janisch, 41, who grew up with a large extended family in South Africa.BlackRock profit rises 7.9 percent as assets rise on ETFs
BlackRock reported third-quarter earnings that beat analysts' estimates as exchange-traded funds drew client deposits and assets rose. Net income climbed 7.9 percent to $642 million, or $3.65 a share, from $595 million, or $3.23, a year earlier.Harvard losing out to South Dakota in graduate pay
While new mineral deposits are getting harder to find, companies also are struggling to add enough skilled workers. That's partly a legacy of U.S. colleges cutting back on mining programs.GE to buy Lufkin for $4.4 billion as CEO adds to energy
General Electric agreed to buy Lufkin Industries for about $3.3 billion to add technologies for the oil and gas industry as chief executive officer Jeffrey Immelt raises his bet on energy.Wells Fargo beating peers to oil boom cash, firm says
Wells Fargo is the only U.S. lender among the four largest to gain deposits in some Northern Plains states as customers flood banks with cash from an energy boom.Records pledge tested by Citigroup guarantees
U.S. government guarantees on securities totaling $419 billion for bank bailouts provide an early test of President Barack Obama's pledge to be open with taxpayers about what they have at risk in the credit crisis. Bloomberg News asked the Treasury Department on Jan. 26 to disclose what securities it backed over the past two months in a second round of actions to prop up Bank of America Corp.JPMorgan silence on risk model seen spurring disclosure overhaul
The U.S. Securities and Exchange Commission is probing JPMorgan's belated May 10 disclosure that a change to its mathematical model for gauging trading risk helped fuel the loss in its chief investment office.A Buyer's Guide to Law Firm Software
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