Wells Fargo profit falls as customers cash in on higher interest rates Banking Wells Fargo outperformed market expectations in the first quarter of the year despite reporting a hefty fall in interest income.
Big US banks JPMorgan, Citi and Wells Fargo to benefit from slower Fed interest rate cuts Banking JP Morgan, Citi and Wells Fargo will all update investors on their performance so far this year with attention likely to be firmly fixed on their guidance for the year.