Bad Loans

Wells Fargo Announces $2.4B Loss, Dividend Cut
Financial Performance

Wells Fargo Announces $2.4B Loss, Dividend Cut

“We are extremely disappointed in both our second-quarter results and our intent to reduce our dividend,” CEO Charlie Scharf says.
By Matthew Heller | July 14, 2020
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S&P Sees Growing Risk to Chinese Banks
Global Business

S&P Sees Growing Risk to Chinese Banks

The ratings agency is concerned that private-sector credit in China could exceed 150% of gross domestic product by the end of 2016.
By Katie Kuehner-Hebert | September 21, 2015
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Avoiding Decision Traps
Training

Avoiding Decision Traps

Cognitive biases and mental shortcuts can lead managers into costly errors of judgment.
By Edward Teach | June 17, 2004
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