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NEW YORK (Reuters) — U.S. bank executives on Tuesday raised concerns about the impact of a sustained period of higher inflation, adding to pressure on the Federal Reserve to accelerate
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Wells Fargo s CEO said the bank can look to better link wealth and consumer units for growth. It s what we see with what so many of the other wealth managers have done so well, he said.
Charlie Scharf has remade its wealth arm as he looks to focus on core operations and cut costs.
Wells Fargo Chief Executive Charlie Scharf is looking to drive growth at the bank by leveraging more relationships across its many segments a strategy its biggest rivals have put to work.
Wells Fargo (WFC.N) has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday.