Credit quality remained strong, as net charge-offs in the latest quarter, at %, . Were better than the % seen in the fourth quarter of last Best Digital Marketing From Leading Brands year.But a net . Reserve build of $ million served as a nod to the fact that the economic . Environment is volatile.Cfo jeremy barnum said on the conference call with analysts that “in terms . Of our corporate clients, obviously, they’ve been reacting to the changes in tariff policy. And . At the margin that shifts their focus away from more strategic priorities with obvious implications .
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For the investment banking pipeline mexico phone number data outlook towards more short-term work, optimizing supply chains and trying . To figure out how they’re going to respond to the current environment. So, as a . Result, I think we would characterize what we’re hearing from our corporate clients is a . Little bit of a wait-and-see attitude. I do think you see obvious differences across sectors.“some . Sectors are going to be much more exposed than others and have more complicated problems . To solve, and also across the size of the clients, I think, smaller clients, small .
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Business and smaller corporates are probably a little bit more challenged. I think the larger . Corporates have a bit more experience dealing with these things and more resources to manage,” . He said. “so, that’s a little bit of rebecca hopson deputy service manager our read of the situation right now, . But certainly a bit of a wait-and-see attitude. It’s hard to make long-term decisions right . Now.”in bank of america’s corporate book, u.S. Commercial loans grew in the march quarter, to .
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$ billion, up from $ billion in the fourth quarter of last year and ahead . Of the $ billion seen a year ago. Commercial net charge-offs of $ million decreased . $ million. The net charge-off ratio of % was flat from the end of the . Year.Ceo brian moynihan said during the call that “we’re the largest small business lender in . The united states. By quite a bit. And those loans are growing.”wells fargo cfo mike .
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Santomassimo indicated to analysts benin businesses directory that “in the commercial bank, it was mostly a utilization story. . There may have been a few new customers as well where we saw kind of . A slight uptick there in utilization, mostly in kind of the bigger client segment, so . The mid-corporate segment, not the smaller clients in the commercial bank. We also saw some . Upticks in our asset-based lending portfolio as well … we haven’t really seen any evidence . Of people prepositioning significantly that caused significant borrowing at least as it relates to their .