Bank of America and Wells Fargo reported on July 21, 2025, that consumer credit is tied to labor market health and both banks are seeing consumer spending growth.
1 report, 1 independent
Updated Jul 21
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What happened
Bank of America and Wells Fargo reported on July 21, 2025, that consumer credit is tied to labor market health and both banks are seeing consumer spending growth.
Who's involved
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The entities involved
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Bank of America
American multinational banking and financial services corporation
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Brian Moynihan
American businessman, banking executive and lawyer
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Wells Fargo
American multinational banking and financial services company
Related events
Coverage
Newest first; wire copies grouped- Yahoo FinanceThe American consumer is proving to be resilient, at least according to their bankers A version of this post first appeared on TKer.co Despite weak consumer sentiment, an uptick in household debt del