Post by
Ocalaman on Jun 28, 2024 9:17am
Long term effect on share value from a scandel
In 2016 WFC was embroiled in a scandel that had them prosicuted for making up fake accounts . If you do the 10 year stock performace data comparing them to other banks you will see the results of lack of faith investors had in wfc.
wfc 8.54% increase
jpm 246.20
bac 156.03
c 30.57
the resulting performance cost wfc billions in market value. td problems are only starting and history shows once there is lack of confidence by investors long term perfromance suffers.
Comment by
bartno12001 on Jun 28, 2024 4:40pm
td problems are only starting and history shows once there is lack of confidence by investors long term performance* suffers. = i however dont agree to this comment. lets see though what happens
Comment by
Ocalaman on Jun 29, 2024 11:26am
bartno, td did very well in the usa stress test for banks completed this week hopefully giving regulators some confidence when they make thier decisions on oversight. As a result of the test all major banks announced some pretty generous dividend increases late last week.