Wells Fargo CEO Charlie Scharf told CNBC’s Jim Cramer that the U.S. consumer remains extremely resilient. Scharf noted that ...
Both banks reported an uptick in home lending from the second to third quarters, but executives expressed caution due to ...
“What you see is just more of the significant revaluation because of supply and demand," Wells Fargo CEO Charlie Scharf said. Wells Fargo CEO Charlie Scharf provided a sobering assessment of the ...
Wells Fargo CEO Charlie Scharf said the Federal Reserve's recent 50 basis point interest-rate-cut has not driven many of its clients to borrow. On a call with analysts to discuss third-quarter ...
Wells Fargo CEO Charlie Scharf said his bank is still seeing "pronounced stress' in certain customer segments with lower deposit levels, where inflation is being partially offset by strong employment ...
Still, Wells Fargo's net interest income could actually benefit from rate cuts because it will pay out less to clients to ...
In this article, learn about Wells Fargo (WFC) and its financial performance, including key insights for investors.
Wells Fargo (NYSE: WFC) Q3 2024 Earnings Call Oct 11, 2024, 10:00 a.m. ET ...
Wells Fargo's Q3 profit exceeded forecasts, thanks to stable interest income and lower-than-expected loan loss reserves. CEO Scharf highlighted strong consumer finances supported by a resilient job ...
"The U.S. economy remains strong," CEO Charlie Scharf told analysts. Inflation is slowing and a resilient labor market is supporting consumer spending, Scharf said, strong company balance sheets ...
Welcome and thank you for joining the Wells Fargo Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there ...