Wells Fargo CFO: Regulatory Fixes Could Take Years

The video features Wells Fargo CFO Mike Santomassimo discussing the bank's financial performance, loan growth, and economic recovery. He highlights the strength in wealth management and growth opportunities despite an asset cap. The discussion also covers wage inflation, efficiency strategies, regulatory issues, and credit quality. Santomassimo emphasizes the bank's progress and future potential in various sectors.

What factors contributed to the positive outlook in Wells Fargo's financial performance?

How has the economic recovery impacted loan growth at Wells Fargo?

In what ways is Wells Fargo planning to grow its wealth management business?

What is the significance of the asset cap for Wells Fargo's growth strategy?

What challenges does Wells Fargo face regarding wage inflation?

What measures is Wells Fargo taking to ensure compliance with regulatory issues?

How does Wells Fargo view credit quality in relation to lending practices?