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Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial ...
Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is ...
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.
Wells Fargo revealed areas of the market it thinks will lead the S&P 500 through the volatility that it's expecting through ...
Wells Fargo said Friday revenue at its consumer bank fell to $9.124 billion ... 842 million from $840 million a year ago, due to higher mortgage banking fees, which were offset by lower net ...
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages ...
Wells Fargo & Company ... in non-performing loans and credit losses if economic conditions deteriorate. Additionally, the bank’s exposure to commercial real estate and consumer lending segments ...
Since then, regulators identified additional problems with how the bank handled mortgages, auto loans and consumer deposit accounts. In 2018, Wells Fargo was charged a combined $1 billion from ...
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