Wells Fargo execs talk expense cuts, asset cap and more after big Q2 loss

Wells Fargo needs to shave off at least $10 billion in annual expenses to rival efficiency at other banks, CEO Charles Scharf told investors on a Tuesday call.

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/07/14/wells-fargo-outlines-expense-cuts-asset-cap-issues.html?ana=RSS&s=article_search