The US Office of the Comptroller of the Currency (OCC) has found major bank Wells Fargo (WFC) to be taking proper steps toward addressing its money laundering issues and provide anti-money laundering protections.

Engine Capital has taken up a 4% stake in the freelancing platform Upwork (UPWK). The activist investor is now demanding that the company implement cost-cutting strategies and grow its enterprise business.

Lastly, Raymond James initiates coverage on chip designer Arm Holding (ARM) with an Outperform rating and a price target of $160 per share.

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This post was written by Luke Carberry Mogan.