Wells Fargo & Co's annual net interest income will likely come in at the lo...
FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith
- Wells Fargo & Co’s annual net interest income will likely come in at the lower range of its expectations, a bank executive said. Speaking at an investor conference on Wednesday, Treasurer Neal Blinde said the current rate environment was already baked into the bank’s guidance of a 2 to 5% decline, but downward pressure on interest rates moves sentiment to the lower end of the range.
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