Wells Fargo & Co (NYSE:WFCpL.PFD)

$ 1178.8699 2.0099 (0.17%) Market Cap: - Enterprise Value: 191.75 Bil PE Ratio: 14.92 PB Ratio: 1.46 GF Score: 72/100

Wells Fargo & Co at Goldman Sachs Financial Services Conference (Virtual) Transcript

Dec 08, 2020 / 01:00PM GMT

Release Date Price: $1472 (+1.35%)

Transcript

Richard Nigel Ramsden

Goldman Sachs Group, Inc., Research Division - MD

So good morning, everyone. Before we start, we're required to make certain disclosures about Goldman Sachs' relationships with companies we discuss. Those disclosures are available on the webcast page.

So with that, I'm delighted to introduce our first speaker for our 2020 Financial Services Conference, who is Charlie Scharf, President and CEO of Wells Fargo. Charlie, I think, is well-known to many of you. He has a wealth of experience across most of the major businesses in financial services. Before joining Wells Fargo just over a year ago, Charlie served in senior positions at JPMorgan, followed by serving the CEO of Visa and Bank of New York Mellon. Charlie, thank you very, very much for joining us in what will hopefully be the first of many appearances as CEO of Wells Fargo.

Questions & Answers

Richard Nigel Ramsden

Goldman Sachs Group, Inc., Research Division - MD

So I thought, Charlie, we could start off with a broad question around the operating environment. And

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