Wells Fargo CFO Says Returning Excess Capital Continue To Be A Priority
April 11 (Reuters) - Wells Fargo & Co WFC.N:
WELLS FARGO CFO SAYS RETURNING EXCESS CAPITAL CONTINUE TO BE A PRIORITY
WELLS FARGO CFO MICHAEL SANTOMASSIMO SPEAKS ON MEDIA CALL
WELLS FARGO CFO SAYS WE REMAIN CONFIDENT THAT WE WILL COMPLETE THE WORK NEEDED TO CLOSE OTHER CONSENT ORDERS
WELLS FARGO CFO SAYS CUSTOMER BEHAVIOR HAS BEEN VERY STABLE
WELLS FARGO CFO SAYS CONTINUE TO ENGAGE WITH LOTS OF STAKEHOLDERS ACROSS INDUSTRY, GOVERNMENT, WHEN ASKED IF THE BANK IS HAVING ANY DISCUSSIONS AROUND TARIFFS, REGULATORY CHANGES
WELLS FARGO CFO SAYS BANK MADE A MODEST ADJUSTMENT TO THE ALLOWANCE TO REFLECT SOME OF THE UNCERTAINTY
WELLS FARGO CFO SAYS THE OVERWHELMING SENTIMENT, ON INVESTMENT IS PROBABLY PEOPLE WILL TAKE A STEP BACK TO ENSURE THEY UNDERSTAND THE IMPACT OF THE TARIFFS
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