Wedbush adopts a more cautious stance on Nintendo's stock, saying Switch 2 forecasts may be out of whack and competition is heated. ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Wells Fargo and investors have agreed to settle a lawsuit brought against bank executives over their alleged role in “sham” diversity hiring practices.  The parties reached a settlement in principle in the shareholder derivative lawsuit Friday “after extensive arms-length negotiations,” according to a Monday court filing in the U.S. District Court for ...

富国银行将美国银行的目标价从56美元上调至60美元，将花旗集团的目标价从115美元上调至125美元， 将摩根大通的目标价从325美元上调至345美元，均维持"增持"评级。(格隆汇) ...

A Wells Fargo banker, Chenyue Mao, who had been barred from leaving China for several months, has been allowed to return to the United States following negotiations between U.S. and Chinese officials, according to two people with knowledge of the case. ...

(Reuters) - A Wells Fargo banker, Chenyue Mao, who had been barred from leaving China for several months, has been allowed to return to the United States following negotiations between U.S. and Chinese officials, according to two people with knowledge of the case. Mao, who works in Wells Fargo's international factoring business, was prevented from leaving China due to her involvement in a criminal case, China's Foreign Ministry said in July. The ministry said Mao had been required to cooperate with an inv ...

A Wells Fargo banker, Chenyue Mao, who had been barred from leaving China for several months, has been allowed to return to the United States following negotiations between U.S. and Chinese officials, the Washington Post reported on Tuesday, citing several people familiar with the matter. ...

文章核心观点 - 上市公司高管对业务实际运作的认知与实际情况存在显著脱节 高层往往沉浸于品牌战略叙事而忽视执行层细节 导致投资者依赖的信息存在系统性偏差 [6][7][14] - 企业CEO长期脱离一线业务操作 容易产生道德感弱化和责任逃避倾向 进而影响公司治理质量和经营透明度 [9][10][11][25] - 投资者需穿透管理层宏大叙事 通过观察CEO履历、中层沟通机制及业务实操细节 判断企业真实经营状况 [14][17][25] 企业治理与执行层脱节 - 西贝案例显示 餐厅后厨实际操作（如预制菜使用程度）与高管认知存在显著差异 根源在于执行层为迎合品牌叙事选择性屏蔽细节 [6] - 餐饮企业净利润率与定价无关 蜜雪冰城净利润率达18% 奈雪的茶为-19% 西贝净利润率仅5% 低利润率反映战略失误或经营效率低下 [24] - 富国银行虚假账户丑闻中 5300名员工（占总员工数2%）参与舞弊 造成客户损失超200万美元 体现KPI考核机制引发系统性造假 [21][22] 管理层认知偏差类型 - 波音737 MAX危机中 工程师早前反馈MCAS系统安全隐患 但官僚体系层层淡化风险 导致高层对致命问题"不知情" [16] - CEO认知脱节分两种模式：缺乏能力获取真实信息（如波音技术问题复杂化） 或主动回避过程细节（如富国银行追求结果导向） [15][19][22] - 理想主义CEO易被执行层欺骗 基层存在1000种方法迎合KPI目标 使管理层产生"站着赚钱"的错觉 [17] 投资者调研方法论 - 重点关注CEO从业履历 偏好从底层晋升且亲历业务实操（如假账处理、客户行贿、竞品打压等）的管理层 [13][14] - 需穿透财务指标表象 剖析高毛利/高增长数据的生成机制 例如富国银行远高于行业平均的交叉销售比例实为造假所致 [22][24] - 实地调研应观察CEO与中层管理者的互动模式 中层行为细节常暴露实际业务操作与汇报内容的差异 [25] 行业治理启示 - 餐饮行业后厨管理乱象为普遍现象 消费者抵触核心并非预制菜本身 而是管理透明度缺失引发的信任危机 [17] - 金融业强势销售文化（如富国银行每日8.5种产品销售指标）易诱发系统性道德风险 需重构考核机制 [22][23] - 企业需建立CEO定期参与一线机制（如亲自处理客户投诉、员工辞退等）以避免责任感知钝化 [20][25]

格隆汇9月16日｜富国银行将标普500指数2025年年底目标区间从之前预测的6300-6500点上调至6600- 6800点；将标普500指数2026年底目标区间从之前的预测6900-7100点上调至7400-7600点。 ...

真实的谎言 《冰与火之歌》全书的第一个场景，临冬城主史塔克公爵对一个逃兵执行死刑，他特意让自己7岁的小 儿子布兰观看斩首的整个过程——看过书或美剧的读者都知道，史塔克并不是一个残忍的人，为什么他 要让一个孩子看如此血腥的场面呢？ 行刑之后，史塔克公爵先问了儿子一个问题："你知道为什么我要亲自行刑吗？" 答案：这是史塔克家族遵循先民的传统——判决死刑的人必须亲自动手。 衡量行业研究员的经验，有一个最重要的标准，上市公司高管对公司的介绍，他们能不能看出，哪些可 信，哪些半信半疑，哪些一听就是"真实的谎言"？ 很多时候，并不是上市公司故意撒谎，而是高层确实不知道业务"实际上"是怎么运作的——就像西贝的 贾老板是真的相信下面的餐厅是按"操作指南"上那几道菜的标准做法，所以没有预制菜一样。 虽然西贝与老罗的口水战，祸根在于预制菜没有明确的国家标准，两边说的"预制菜"不是一个概念，但 从贾老板的回应看，他应该也不知道，后厨到底"预制"到什么程度，员工知道，餐厅经理知道，部分中 层也知道，但就是老板以为不存在。 其实这种事，作为打工人都能理解，如果事事按照上面的标准，工作就没法做了，大部分业务层领导也 明白，有能力把"下面 ...

We recently published 10 Stocks Jim Cramer Discussed As He Talked About President Trump & Trillionaires. Wells Fargo & Company (NYSE:WFC) is one of the stocks Jim Cramer recently discussed. Cramer has started to frequently comment on Wells Fargo & Company (NYSE:WFC) lately. He has praised the firm’s decision to buy back shares and indicated that it can benefit from the Federal Reserve removing its asset cap penalties that were imposed in 2018. Here are Cramer’s latest thoughts about Wells Fargo & Company ...