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 ...

Investing.com -- Wells Fargo’s Chief Financial Officer Mike Santomassimo said consumer loan growth will likely remain muted for the rest of the year and might even decline. "I wouldn’t expect ...

In 2023 and the first half of 2024, most of Wells Fargo’s approved consumer loan applicants had a credit score of 700 or higher, according to a filing with the Securities and Exchange Commission.

The Federal Reserve late Friday restricted Wells Fargo's growth, citing the embattled bank's "widespread consumer abuses and ... to more than 570,000 auto loan customers who were charged for ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

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

NEW YORK (Reuters) -U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.