Wells Fargo Chief Executive Officer Charlie Scharf says he&#x27;s &quot;big time bullish on the US.&quot; He talks about the state of the US consumer, the economy, earnings and where his employees want to live and work. He speaks exclusively to Bloomberg&#x27;s Romaine Bostick.<br>See omnystudio.com/listener for privacy information.

Wells Fargo CEO Charlie Scharf Talks Economy, US Consumer, Earnings

Bloomberg Talks

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[SPEAKER_05] I'm here in our New York studio with the CEO of Wells Fargo, Charlie Scharf. Of course, the fourth largest U.S. bank out there, a bank that is now actually growing after roughly, what, six years or so of regulatory constraints. You've been there for more than six years navigating through those constraints. I think a lot of people have seen the fix that you've done over that time. And now the big question is, what are the next six years look like? Is that a growth story?

[SPEAKER_03] It certainly is for us. I mean, we're incredibly proud of the progress that we've made. We're a very different company than we were when I got to the company. I guess it'll be seven years in November. And what you've seen since the asset cap has come off is that we're able to compete on a level playing field with everyone. And we're growing our consumer bank. We're growing our commercial bank. We're growing the wealth business. We're growing our core investment bank. And we're doing it in a way which very, very highly focused on sustainable growth and higher returns.

Wells Fargo CEO Charlie Scharf Talks Economy, US Consumer, Earnings

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Wells Fargo CEO Charlie Scharf Talks Economy, US Consumer, Earnings

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.