Quantcast
REALISTIC, YET UPBEAT: "It is a more competitive environment," Wells CFO John Shrewsberry (left) told analysts. But "economic growth is accelerating" and should help propel the company, CEO John Stumpf says.

Wells Fargo Hears Footsteps of Lending Rivals as Earnings Streak Ends

The San Francisco bank posted strong growth in commercial loans in the second quarter, which may bode well for other banks that concentrate on business lending, but it wasn't enough to prevent questions about how Wells will be able to maintain its performance in the face of stepped-up competition from other lenders.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.