What challenges does Wells Fargo face in a low rate environment?
Wells Fargo CFO: Looks Like There's a Lid on U.S. Yields
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Business, Architecture
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University
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Hard
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The transcript discusses Wells Fargo's financial performance, highlighting a 4% revenue growth despite a low rate environment. It covers loan growth, market conditions post-Brexit, and the impact of the oil and gas sector. Challenges in a low yield environment are addressed, along with strategies for managing extra cash and future earnings.
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OPEN ENDED QUESTION
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What is the significance of the loan yields not dropping from quarter to quarter?
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