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Breakingviews TV: Dry Wells

2020年 2月 25日 Tuesday - 01:29

A $3 bln settlement with regulators over historic fake-account opening helps newish Wells Fargo boss Charlie Scharf to focus on boosting earnings. But he probably can’t catch up with rivals like U.S. Bancorp just by growing revenue. He’ll also need to cut costs.

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A $3 bln settlement with regulators over historic fake-account opening helps newish Wells Fargo boss Charlie Scharf to focus on boosting earnings. But he probably can’t catch up with rivals like U.S. Bancorp just by growing revenue. He’ll also need to cut costs.

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Breakingviews TV: Dry Wells

2020年 2月 25日 Tuesday - 01:29