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Wells Fargo sees Q3 lending slower in autos, commercial real estate
2017年9月12日 / 下午12点48分 / 12 天前

Wells Fargo sees Q3 lending slower in autos, commercial real estate

Sept 12 (Reuters) - Wells Fargo & Co third quarter lending will be slowed by reduced lending in autos, commercial real estate and the runoff of its junior lien mortgage portfolio, according to a company presentation Tuesday.

The third largest U.S. bank said those declines would be partially offset by increased non-conforming residential first mortgage lending. (Reporting by Dan Freed in New York)

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