CLAIM #62954 · Wells Fargo & Company (WFC) · 2023Q1 earnings call · Apr 14, 2023 · due Oct 14, 2023
“And when you think about wealth, it's been pretty stable, the trend. It's not accelerating. It's not decelerating at any significant clip at this point. And what we see there is we're capturing that cash that -- those cash alternatives that people are buying in the wealth business. And so, I think that trend will continue for a while.”
Michael Santomassimo · CFO
CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
I think that trend will continue for a while.
Reported
outflows into cash alternatives slowed in the second quarter.
Verify independently
SEC filings for WFC ↗ · Claim quote is verbatim from the 2023Q1 earnings call.