The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

Wells Fargo & Company (NYSE:WFC) is one of the best Goldman Sachs bank stocks. On June 10, Wells Fargo Chief Financial ...

Wells Fargo's Chief Financial Officer Mike Santomassimo said consumer loan growth is likely to remain muted for the rest of ...

Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

CFO Mike Santomassimo, at the Morgan Stanley US Financials, Payments & CRE Conference 2025, says it is “hard to get too ...

It’s a long movie though," said Wells Fargo CFO Mike Santomassimo. Wells Fargo is preparing for commercial real estate to worsen in the months ahead, but the bank is not currently seeing ...

NEW YORK (Reuters) - Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank has been trimming its ...

At a recent industry conference, Wells Fargo CFO Mike Santomassimo reiterated the bank's guidance from April that NII would grow 10% in 2023 year over year. Furthermore, Santomassimo said that "as ...

The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo said, noting that consumer spending metrics have remained stable.