Archive for the 'Headline Review' Category

13 Feb

Wells Fargo Expects Community Banks to Suffer More with Commercial Mortgages

Wells Fargo Chairman Dick Kovacevich and CEO John Stumpf told an analyst that they expect their community bank rivals to suffer more than the bigger banks from problems with commercial real estate loans.
The San Francisco company’s top brass told RBC analyst Joe Morford that they expect Wells Fargo will benefit from its customer relationships and […]