ylliX - Online Advertising Network
Company Ticker News

Wells Fargo Marking Time Before Regulatory-Driven Growth Re-Acceleration

Wells Fargo Marking Time Before Regulatory-Driven Growth Re-Acceleration

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Wells Fargo posted complicated second quarter results; the bank posted a pre-provision beat even on the most conservative interpretation, as unusually large equity sales gains boosted the reported numbers. The near-term story in the core operations is the same here as for most banks – improving credit, but weak loan growth and spread leverage.

...read full article on Seeking Alpha

ylliX - Online Advertising Network