Wells Fargo CFO calls new mortgage regulations 'constraining,' Reuters says Wells Fargo CFO John Shrewsberry noted at an investor conference that he feels that new mortgage regulations are a "constraining factor" for less creditworthy borrowers, according to Reuters, citing Shrewsberry. Reference Link
News For WFC From The Last 14 Days
Check below for free stories on WFC the last two weeks.
Wells Fargo downgraded to Neutral from Overweight at JPMorgan JPMorgan downgraded Wells Fargo to Neutral citing the company's higher expenses in Q2 and the year-to-date outperformance of shares. The firm lowered its price target for the stock to $52 from $54.50.