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

Wells Fargo's Chief Financial Officer Mike Santomassimo said consumer loan growth is likely to remain muted for the rest of ...

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 ...

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 excited” on loan growth changes. The CFO says the bank is not seeing any ...

Michael Santomassimo. Wells Fargo Advisors is the broad marketing umbrella for close to 12,000 bank advisors, wealth management advisors, and independent advisors. With thousands of financial ...

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.

Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans. Over the past five years, risk and ...