Wells Fargo CFO: Don't See Credit Trends Deteriorating

Market Intelligence Analysis

AI-Powered
Why This Matters

Wells Fargo's CFO, Mike Santomassimo, expressed optimism about the bank's loan momentum, but warned that the president's proposal could negatively impact credit access for consumers.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Mike Santomassimo, Wells Fargo CFO, says the bank saw strong loan momentum this quarter. He tells Romaine Bostick and David Gura on “The Close” that the president’s proposal would pull credit at a critical time, reducing access for consumers across the credit card spectrum. (Source: Bloomberg)

Continue Reading
Full article on Bloomberg
Read Full Article
Original article published by Bloomberg on January 15, 2026.
Analysis and insights provided by AnalystMarkets AI.