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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 ...
We're looking at how the pushback against diversity, equity and inclusion efforts is affecting businesses, what Wells Fargo's ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
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 ...
Wells Fargo & Company (NYSE:WFC) is one of the best Goldman Sachs bank stocks. On June 10, 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 ...
Wells Fargo & Co. sees more opportunity to trim expenses by unloading more real estate and cutting additional employees, Chief Financial Officer Mike Santomassimo told investors. “We continue to ...
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.