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0 -0.000126087504728346 0.00239566258983732 -0.00226957508510915 -0.00214348758038081 -0.00176522506619595 0.0132984491236918 -0.00201740007565246
Stock impact report

Wells Fargo is in 'growth mode.' The bank's AI head thinks three principles will get it where it wants to go. [Yahoo! Finance]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Yahoo! Finance
Wells Fargo's AI head said constant learning, simple communication, and execution are key. Saul Van Beurden said the bank's "hub and spoke" model will help with adoption and prioritization. He measures Wells Fargo's AI usage daily and bets it will fuel the bank's post-asset cap growth. Saul Van Beurden has a folder on his phone labeled "productivity." He's constantly consulting the many AI apps that live there, whether sitting in his 60th-floor office in Hudson Yards or in front of his broken laundry machine. Van Beurden, who was named Wells Fargo's head of AI in November, is betting the technology will catapult the major retail bank forward after the Federal Reserve lifted its $1.95 trillion asset cap last summer. Some growth is already starting: the bank opened almost three million new credit card accounts and refurbished 700 branches, with plans to upgrade more. And Wells Fargo has big ambitions, including becoming one of the industry's "top five" M&A advisors, partly by h Show less Read more
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