Today news
About the same in other media
Wells Fargo sees borrower defaults starting to rise from low levels reached during pandemic
Reading now: 956
cnbc.comIn this article
Wells Fargo is seeing borrower defaults start to rise from lows reached during the pandemic as financial conditions begin to normalize, CEO Charles Scharf said Tuesday.
«We would say the bottom has been reached,» he said at the Goldman Sachs U.S. Financial Services Conference.
Scharf said the firm is starting to see «very, very small amounts of delinquency increases,» describing the shift as «nothing meaningful, but just slightly different than we would have seen last quarter.»
L
Read more on cnbc.comAbout this in other media
Russia Still No Closer to Regulating Crypto Despite Central Bank ‘Concession’ cryptonews.com /2 years ago
$67B in cryptos, but does that figure change Russia’s mind about crypto-investments ambcrypto.com /2 years ago
Russia sets out tough demands for security pact with NATO euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
