Here's a look at today's banking and finance headlines:
- The Feb. 13 issue of Forbes features a cover story about Wells Fargo - declaring the San Francisco bank, which bought Charlotte's Wachovia in 2008, "The Bank that Works."
- The Wall Street Journal offers a breakdown of how Mitt Romney's income compares to the biggest names on Wall Street. It shows he made more in investment income last year than top executives at big banks, including Bank of America.
- Ben Bernanke has laid the groundwork for a third round of large-scale asset purchases if the economy worsens, with some analysts predicting the move will occur this spring, Bloomberg reports.
- A "Buffett tax" on high-earning households is unlikely to be implemented before the November elections, the New York Times writes.
- U.S. stocks are up this morning after news of an extended easy monetary policy from the Federal Reserve, strong corporate earnings and promising economic data, Reuters reports.