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The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.
Furthermore, many traditional financial stocks have started to really focus on technology, because it's become a crucial part ...
Wells Fargo & Company (NYSE:WFC) is one of the best Goldman Sachs bank stocks. On June 10, Wells Fargo Chief Financial ...
Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial Officer Mike Santomassimo during an ...
Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is likely to remain muted — and could even decline — for the rest of the year.
Wells Fargo has more flexibility, and its bankers can go about their business in a more "front-footed" fashion, now the Federal Reserve has lifted the asset cap that long constrained the $1.9 trillion ...
For instance, according to details from Wells Fargo regulator the Office of the Comptroller of the Currency, one banker was "counseled" for only making 110% of their goal while a ...
富国银行首席财务官Mike Santomassimo表示,今年下半年消费贷款的增长可能会持续低迷,甚至可能出现下滑。考虑到美国关税政策的不确定性,他预测 ...
Investing.com -- 富国银行 (NYSE: WFC ) ( Wells Fargo )首席财务官Mike Santomassimo表示,今年剩余时间内消费贷款增长可能会继续保持低迷,甚至可能出现下降。 "我不会预期消费端有任何形式的大幅增长,甚至可能出现净下降,"Santomassimo在周二的一次投资者会议上表示。他补充说,由于美国关税政策的不确定性,商业贷款增长更难预测。
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank over the medium to longer term.