Wells Fargo CEO: No Credit Crisis on the Horizon

Wells Fargo CEO Charlie Scharf just calmed Wall Street's nerves! Amidst fears of loan losses and shaky bank stocks, Scharf declared the banking system is solid, with customers managing debt responsibly and no cracks in sight. Is this the reassurance investors need, or a calm before the storm? Find out what Scharf really said about the state of credit and the economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.