Wells Fargo (WFC) CFO says quite comfortable with private credit exposure in the underlying portfolio

Wells Fargo's CFO expressing comfort with the bank's private credit exposure signals confidence in the stability and performance of this asset class amid market uncertainty.

Newsquawk StaffPublished 14 Apr 2026, 12:04 UTCOn the live feed at 11:44 UTC — 7 more headlines followed before this page went public

Newsquawk headlinesUTC

11:53

Blackrock (BLK) CEO says demand is structural for private credit, says "that is not changing"; adds institutional demand for private credit is accelerating

11:52

Greece to cuts its 2026 growth project to about 2% from 2.4% as a result of the Middle-East conflict

11:44

Wells Fargo (WFC) CFO says quite comfortable with private credit exposure in the underlying portfolio

11:41

US BROKER MOVES: TSLA upgraded at UBS; Piper downgrades enterprise software

11:41

China set to fine PDD (PDD), other e-tailers over food delivery concerns, Nikkei reports citing sources; PDD set for higher penalty than ByteDance, Alibaba (BABA), JD.com (JD) and Meituan

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Context

This could be interpreted as a positive outlook for the bank's risk management and profitability, potentially reassuring investors and supporting stock performance in the financial sector.

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