Wells Fargo
includes Wells Fargo Investment Advisors
4 statements across 2 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jul 10, 2017 by Tom Russo · said 37 times in 16 episodes since 2017 · across every show →
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2026 4 mentions in 2 episodes 2 per episode
2025 4 mentions in 2 episodes 2 per episode
2024 8 mentions in 3 episodes 3 per episode
2023 1 mention in 1 episode
2022 4 mentions in 2 episodes 2 per episode
2021 1 mention in 1 episode
2019 1 mention in 1 episode
2018 4 mentions in 2 episodes 2 per episode
Everything said about Wells Fargo, oldest first
Jul 10, 2017 bearish
Russo trimmed Wells Fargo stake on rallies to fund other investments
“And for that reason, as it's moved up, we've been using it as a source of cash to make other investments. As it pops up, we have been selling it. We have cash to go off and do other things. Just recognizing that it's probably doesn't have the reinvestment rate…”
Jul 10, 2017 neutral
Wells Fargo cannot acquire banks after exceeding the 10% deposit cap
“Well, that's a very interesting question because their capacity to reinvest Had already been fairly limited by virtue of the fact that they now exceed 11% of the deposit base in North America, and they can't buy new assets in the banking industry, new banks or…”
Jul 10, 2017 bullish
Mar 11, 2019 neutral
Russo: Firm avoids direct crypto and cannabis, gaining indirect exposure instead
“I probably won't make an investment in either of those, though our portfolio companies, whether it's MasterCard using blockchain technology, Or Wells Fargo using blockchain technology. Our portfolio companies will be involved.”