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Risk Is Rising, Says Wells Fargo CFO

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April 11, 2025

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Bloomberg

Wells Fargo CFO Mike Santomassimo says risk is rising because of President Donald Trump's tariffs and the uncertainty around his policies. But Santomassimo says consumers are still spending. The bank's first-quarter net interest income missed analyst estimates. Santomassimo speaks on "Bloomberg The Close." (Source: Bloomberg)

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