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Wells Fargo Sees Strong Consumer, Growth Momentum After Asset Cap Lift
Source: marketbeat.com
Banking & LiquidityConsumer Demand & RetailCompany Fundamentals
Wells Fargo CFO Mike Santomassimo said consumer spending remains strong, credit trends are healthy, and business activity is expanding. The bank is pursuing growth following the removal of its asset cap, signaling an improved operating outlook and potential balance-sheet expansion.
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