News

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 ...
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.
Over the past five years, risk and control work was the bank’s top priority and took up a significant amount of time, Chief Financial Officer Mike Santomassimo said at Tuesday’s Morgan Stanley ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the long haul, but it won't result in any sudden gains, according to CFO ...
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management order that had the asset cap. Wells Fargo has now closed 14 consent orders ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank over the medium to longer term.
With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.