some time, he believes they're serious, the tougher ratios will come to pass, and his bank is prepared. Echoing his CEO John Stumpf from a couple of weeks ago , Shrewsberry says the current mortgage regime - where GSEs threaten to put back to lenders any
to be a whole bunch of Americans that are underserved in the mortgage market," says Wells Fargo ( WFC +0.2% ) chief John Stumpf , warning ( in an FT interview ) the GSEs to stop being so quick to accuse banks of faulty underwriting and then forcing them
company’s already considerable competitive advantages. CEO John Stumpf often uses the example of the home mortgage, which offers an ..... the range compared to its peers. In terms of people , CEO John Stumpf has presided over Wells Fargo since 2007 (and been chairman since 2010), having spent the previous
CHARLOTTE, North Carolina (Reuters) - Wells Fargo & Co CEO John Stumpf on Thursday called the coordinated effort by major central banks to add liquidity to the world financial system a "positive...
SAN FRANCISCO (Reuters) Wells Fargo & Co Chief Executive John Stumpf said on Monday that U.S. consumers are still "cleaning up their portfolios" and avoiding debt as the economy recovers.
couple of years. Wells Fargo executives appeared similarly eager to restore pre-crisis dividends as soon as possible. CEO John Stumpf indicated that regulatory uncertainty was the main hurdle to accomplishing that goal. In less than a month’s time that
Dick Kovacevich, chairman of Wells Fargo WFC, will step down from that role at the end of 2009. CEO John Stumpf will add the role of chairman to his duties at that time. Kovacevich has been fundamental in shaping the Wells Fargo that we know
Wells Fargo WFC named John Stumpf , the firm's president and COO, to succeed CEO Richard Kovacevich, effective immediately. This change was a well-choreographed