Citizens CEO: Turnaround Plan Going 'Extremely Well'

The transcript discusses the economic outlook amidst election uncertainty, highlighting stable net interest margins and growth strategies in the banking sector. It addresses the Wells Fargo scandal and internal reviews by banks to prevent similar issues. The energy sector shows stability, with non-performing loans reflecting commodity price changes. Consumer lending is a growth area, with initiatives in education refinance and credit consolidation. Wealth management is expanding, with an increase in financial consultants and a focus on fee-based products.

What does the increase in wealth management financial consultants indicate about the broader economy?

What strategies are being implemented to improve the bank's wealth management services?