Wells Fargo Says Lift Asset Cap To Helps SMBs
PYMNTS
APRIL 6, 2020
loan market’s shares. CEO Charles Scharf said the bank is doing everything it could to create capital, but it is “limited” in all it can do to extend more credit, and thus is requesting that the cap be lifted for now. Wells Fargo boasts a $1.9 trillion balance sheet and has 9 percent of the U.S.
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