Banks will be shutting down on January 20, Inauguration Day, because of the Martin Luther King Jr. Day holiday.

U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Wells Fargo, which joins JPMorgan in kicking off the Q4 earnings season for the Finance sector on Wednesday, January 15 th, is barely in positive territory since election day, while Citigroup, which also reports the same day, has outperformed both of its peers.

Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%.

JPMorgan Chase, Wells Fargo, Citi and Goldman Sachs Q4 results are due on Wednesday, followed by Bank of America and Morgan Stanley on Thursday. Photo: MarketWatch/Getty Images

Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in Arizona.

Bank of America, Capital One, Chase, Citibank and Wells Fargo will also be closed for MLK Day. Most local and Kansas City-based banks will also be closed on MLK and other federal holidays. The City of Kansas City trash services are closed on MLK Day for trash pick up.

Both the New York Stock Exchange and NASDAQ will be closed. As a banking holiday, most banks, including Wells Fargo, Citibank, and TD Bank, will be closed. However, ATMs and online banking will ...

As a banking holiday, most banks, including Wells Fargo, Citibank, and TD Bank, will be closed. However, ATMs and online banking will remain available. What's open on MLK Day 2025?Retail and ...

Additionally, major banks including Wells Fargo, Citibank, and TD Bank will have their branches shut for the holiday. However, customers can still access ATMs and use online banking services ...

Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars.