MicroSectors U.S. Big Bks 3x Lvrgd ETNs(BNKU.US)

Last Updated 19:00:00 ET
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MicroSectors U.S. Big Bks 3x Lvrgd ETNs
BNKU.US
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From JPMorgan to Citi: US banks report strong Q2 as dealmaking revives

Big US banks, including JPMorgan Chase, Citigroup, and Wells Fargo, reported strong Q2 earnings, signaling a rebound in investment banking activity after a period of subdued dealmaking. JPMorgan's investment banking fees rose 7% to $2.5 billion, while Citigroup's revenues increased 15% to $981 million, driven by M&A and IPO momentum. Wells Fargo also saw an 8% rise in investment banking revenue. Despite the positive results, executives remain cautious due to ongoing economic uncertainties and geopolitical tensions. More earnings reports are expected from other major banks soon.

Invezz·
US
BNKU
+1.61%
US
IAI
-0.94%
US
XLF
+0.80%
Invezz·
US
BNKU
+1.61%
US
IAI
-0.94%
US
XLF
+0.80%

Wells Fargo & Company Issues Positive Forecast for Pacific Gas & Electric (NYSE:PCG) Stock Price

Wells Fargo & Company has raised its price target for Pacific Gas & Electric (NYSE:PCG) from $23.00 to $24.00, maintaining an "overweight" rating. This suggests a potential upside of 53.76% from the stock's previous close. Other analysts have also adjusted their ratings, with Jefferies Financial Group and Barclays increasing their targets. Currently, PCG has an average rating of "Moderate Buy" with a price target of $20.64. The stock traded at $15.61, with a market cap of $34.31 billion and a P/E ratio of 13.11.

Market Beat·
US
BNKU
+1.61%
US
XLF
+0.80%
US
IAI
-0.94%
Market Beat·
US
BNKU
+1.61%
US
XLF
+0.80%
US
IAI
-0.94%

Wells Fargo cuts ties with proxy adviser ISS, WSJ reports

Wells Fargo has ended its relationship with proxy adviser ISS, opting to make voting decisions on shareholder proposals internally. This move follows criticism from conservatives and business leaders regarding proxy advisers' influence on corporate governance. The decision aligns with a broader trend, as JPMorgan's asset management division also announced it would stop using proxy advisers. The proxy advisory industry has faced scrutiny, with claims of political bias, which it denies.

Reuters·
US
WFC
+0.90%
US
JPX
0.00%
US
JPM
+0.77%
Reuters·
US
WFC
+0.90%
US
JPX
0.00%
US
JPM
+0.77%

Wells Fargo präsentiert sich auf der UBS Financial Services Conference

Wells Fargo & Company will be represented by CFO Mike Santomassimo at the UBS Financial Services Conference on Tuesday, February 10, 2026, at 8:50 AM ET. This announcement was generated by Public Technologies and is for informational purposes only, not to be considered as financial, investment, or legal advice.

Reuters·
US
WFC
+0.90%
US
FNCL
+0.75%
US
VFH
+0.83%
Reuters·
US
WFC
+0.90%
US
FNCL
+0.75%
US
VFH
+0.83%

Coinbase CEO Brian Armstrong faced criticism at Davos, with JPMorgan CEO Jamie Dimon leading the confrontation. Other bank CEOs also dismissed Armstrong's stance on crypto legislation. More info on Benzinga.com.

Coinbase CEO Brian Armstrong faced significant criticism from major Wall Street leaders at the World Economic Forum in Davos. JPMorgan CEO Jamie Dimon accused him of dishonesty regarding banks and crypto legislation. Other bank CEOs, including Bank of America’s Brian Moynihan and Citigroup’s Jane Fraser, also expressed skepticism about Armstrong's views, with Moynihan urging him to clarify his business model. Wells Fargo's Charlie Scharf chose not to engage with Armstrong during the event.

Unusual Whales·
US
JPM
+0.77%
US
BAC
+1.71%
US
WFC
+0.90%
Unusual Whales·
US
JPM
+0.77%
US
BAC
+1.71%
US
WFC
+0.90%
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