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US OCC issues enforcement action against Wells Fargo

(Reuters) -The Office of the Comptroller of the Currency (OCC), a top banking regulator in the United States, said on Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its risk management practices. Shares of the bank fell 5% in afternoon trading. The regulator said …

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Why Medical Properties Trust Rallied Today

Shares of Medical Properties Trust (NYSE: MPW) were rallying 16.8% in Thursday trading as of 12:45 p.m. ET. The medical property real estate investment trust (REIT) has a depressed stock price, as rising interest rates and problems with its largest tenant, Steward Health Care, forced the company to slash its …

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27 Gifts Teens May Actually Like (2024)

Teenagers are intimidating. They speak their own language, blurt out confusing jokes, and somehow have always already seen the TikToks you send them. It can be hard to keep up with the absolute coolest kids around, and that’s especially true when it comes to holiday gift-giving. For the past few …

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