Wells Fargo & Co (WBO:WFC)

€ 72.88 -1.32 (-1.78%) Market Cap: 245.05 Bil Enterprise Value: 274.59 Bil PE Ratio: 16.05 PB Ratio: 1.57 GF Score: 68/100

Wells Fargo & Co at Goldman Sachs US Financial Services Conference Transcript

Dec 06, 2022 / 01:00PM GMT

Release Date Price: €40.91 (-4.25%)

Transcript

Richard Ramsden

Goldman Sachs

Okay. So I'd like to welcome everybody on my behalf to the 33rd Goldman Annual Financial Services Conference. We're delighted to have our first external speaker, who is Charlie Scharf, President and CEO of Wells Fargo. I think Charlie is well known to everybody here. He's got over three decades of experience working in the financial services industry. He had senior positions at JPMorgan, followed by serving as CEO of Visa and Bank of New York, and I think you're now in your third year as our CEO of Wells Fargo. So thank you very, very much for joining us.

Questions & Answers

Richard Ramsden

Goldman Sachs

Look, I thought we could start off with a broader discussion just about the macroeconomic outlook. And I know there's a lot of unknowns. There's a lot of uncertainty. But what's your base case for economic growth next year? How are you thinking about the path of interest rates from here and inflation? And in your answer, I think it would be really interesting to hear what risks you're most focused on, outside of credit

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