BRIEF-Wells Fargo CEO Says Starting To Generate Growth, Increase Customer Engagement In Consumer And Business Banking Segment

Reuters

01-16

Jan 15 (Reuters) - Wells Fargo & Co :

* WELLS FARGO CEO SAYS STARTING TO GENERATE GROWTH AND INCREASE CUSTOMER ENGAGEMENT IN CONSUMER AND BUSINESS BANKING SEGMENT AFTER YEARS OF LITTLE TO NO GROWTH

* WELLS FARGO CEO CHARLIE SCHARF SPEAKS ON CONFERENCE CALL

* WELLS FARGO CEO SAYS FOCUSED ON ADDING RELATIONSHIP MANAGERS AND BUSINESS DEVELOPMENT OFFICERS IN UNDER PENETRATED AND GROWTH MARKETS, EXPECT TO HIRE MORE IN 2025

* WELLS FARGO CEO SAYS ENTERED 2025 WITH SOLID PIPELINE IN BOTH CAPITAL MARKETS AND ADVISORY

* WELLS FARGO CFO SAYS EXPECT NET INTEREST INCOME WILL BE RELATIVELY STABLE IN THE FIRST HALF OF 2025 WITH MORE GROWTH IN THE SECOND HALF OF THE YEAR

* WELLS FARGO CFO SAYS EXPECT SEVERANCE EXPENSE TO BE ABOUT $500 MILLION LOWER IN 2025

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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Wells Fargo & Co   :</p><p>   * WELLS FARGO CEO SAYS STARTING TO GENERATE GROWTH AND INCREASE CUSTOMER ENGAGEMENT IN CONSUMER AND BUSINESS BANKING SEGMENT AFTER YEARS OF LITTLE TO NO GROWTH</p><p>   * WELLS FARGO CEO CHARLIE SCHARF SPEAKS ON CONFERENCE CALL</p><p>   * WELLS FARGO CEO SAYS FOCUSED ON ADDING RELATIONSHIP MANAGERS AND BUSINESS DEVELOPMENT OFFICERS IN UNDER PENETRATED AND GROWTH MARKETS, EXPECT TO HIRE MORE IN 2025</p><p>   * WELLS FARGO CEO SAYS ENTERED 2025 WITH SOLID PIPELINE IN BOTH CAPITAL MARKETS AND ADVISORY</p><p>   * WELLS FARGO CFO SAYS EXPECT NET INTEREST INCOME WILL BE RELATIVELY STABLE IN THE FIRST HALF OF 2025  WITH MORE GROWTH IN THE SECOND HALF OF THE YEAR</p><p>   * WELLS FARGO CFO SAYS EXPECT SEVERANCE EXPENSE TO BE ABOUT $500 MILLION LOWER IN 2025</p><p>Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0310800379.SGD","symbol_name":"FTIF - 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