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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Wells Fargo CFO Mike ...

Bottom line: Wells Fargo's third quarter profit jumped 9%, eclipsing analysts' expectations by a wide margin. Expert quote: "Wages have kept up with inflation for many folks, and we continue to see ...

Wells Fargo's CFO says he's personally assessing some of the bank's commercial real estate loans, property by property. "Where are the risks, are we getting ahead of it?” he asks. Wells Fargo & Co.

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. “You see ...

Wells Fargo expects more layoffs and a decrease in office space as the bank looks to continue to reduce expenses. Joshua Komer [email protected] A top Wells Fargo official said to expect ...

Wells Fargo (NYSE:WFC) Chief Financial Officer Mike Santomassimo said the lender still expects to post full-year 2025 net interest income roughly in line with 2024's $47.7B, which compares with the ...

Wells Fargo CFO Mike Santomassimo said on the post-Q2 earnings call with analysts that the bank saw average consumer deposit balances grow from the first quarter. Customer migration from deposits to ...

Wells Fargo has appointed Mike Santomassimo as chief financial officer (CFO), effective from autumn this year. Reporting to CEO Charlie Scharf, he will serve on the company’s operating committee.

Wells Fargo (NYSE:WFC) Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank over the medium to longer term. Its markets business ...

NEW YORK, Sept 12 (Reuters) - Wells Fargo WFC.N could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank has been ...