Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

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 ...

The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial ...

Whiplash from the president’s rapidly shifting approach to tariffs and immigration is taking a toll on clients’ ability to ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

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 ...

CFO Mike Santomassimo, at the Morgan Stanley US Financials, Payments & CRE Conference 2025, says it is “hard to get too ...

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

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 ...

At a recent industry conference, Wells Fargo CFO Mike Santomassimo reiterated the bank's guidance from April that NII would grow 10% in 2023 year over year. Furthermore, Santomassimo said that "as ...