Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Wells Fargo's 2019 net interest income dependent on loan growth, deposits: CFO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 12:35pm EST
A Wells Fargo logo is seen in New York City

NEW YORK (Reuters) - Wells Fargo & Co expects its net interest income, a key measure of bank profitability, to be up or down 2 percent for the year in 2019, depending on deposit pricing and loan growth.

Chief Financial Officer John Shrewsberry, speaking at an investor conference in Florida, said that loan growth could be driven by retail branches bankers, who are increasingly comfortable referring clients to other businesses at the bank.

Shrewsberry added that its wealth management business receives nearly $1 billion in new assets from referrals each month.

(Reporting By Imani Moise; Editing by Chizu Nomiyama)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
07:23pCARICOM CARIBBEAN COMMUNITY : Special COTED on transportation matters being held in St. Vincent and the Grenadines
PU
07:13pU.S. tariffs on EU cars could mean EU buying less U.S. soya beans and gas - Juncker
RE
07:10pUDS Service Dogs Receives Accreditation by Assistance Dogs International
SE
06:57pOil gains as investors grow optimistic over OPEC output deal
RE
06:56pFormer Lloyd's of London Chairman David Rowland dies
RE
06:55pOil gains as investors grow optimistic over OPEC output deal
RE
06:53pECOSOC UNITED NATIONS ECONOMIC AND SOCIAL COUNCI : While Down by Half in 2018, Number of ‘Blue Helmet' Deaths Caused by Malicious Acts Still Unacceptably High, Secretary-General Tells Action for Peacekeeping Meeting
PU
06:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
06:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
06:08pUber agrees to pay VAT in Egypt - tax chief
RE
Latest news "Economy & Forex"
Advertisement