Wells Fargo (WFC) CEO says layoff activity remains contained, outlook for investment banking remains strong and have entered Q2 with a strong pipeline driven by M&A and equity capital markets

Wells Fargo's CEO indicates that while layoff activity is contained, the bank's outlook for investment banking remains robust, particularly with a strong M&A and equity capital markets pipeline entering Q2.

Newsquawk StaffPublished 14 Apr 2026, 14:30 UTCOn the live feed at 14:10 UTC — 8 more headlines followed before this page went public

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14:14

Fed's Goolsbee (2027 Voter) voiced concern about how long the Iran war will last, and more rate cuts in 2026 are unlikely without disinflation

14:13

US President Trump and Indian PM Modi reportedly spoke on the phone, NDTV reports; reportedly spoke for nearly 40 minutes

14:10

Wells Fargo (WFC) CEO says layoff activity remains contained, outlook for investment banking remains strong and have entered Q2 with a strong pipeline driven by M&A and equity capital markets

14:09

The US Treasury has issued Russia-related general license authorising certain deals involving Lukoil retail service stations outside of Russia

14:07

BoE's Greene (Hawkish) says UK activity was already pretty weak before the Iran war, the war impact is inflationary

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Expects additional margin compression next quarter.

Context

However, the expected additional margin compression suggests pressure on profitability, which could be a concern in the context of rising costs or competitive dynamics.

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