Wells Fargo CFO Sloan Calls Pace of Recovery ‘Frustrating’

Wells Fargo & Co. (WFC) Chief Financial Officer Tim Sloan said the pace of the economic recovery has been “frustrating.”

The bank had expected the rebound from the recession would be stronger, Sloan said today at an investor presentation. Wells Fargo, the largest bank on the U.S. West Coast, is based in San Francisco.

To contact the reporter on this story: Laura Marcinek in New York at Lmarcinek3@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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