Previously benefiting from European banks' need to offload U.S. assets, Wells Fargo (WFC) isn't...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Previously benefiting from European banks' need to offload U.S. assets, Wells Fargo (WFC) isn't seeing as much action lately, says CEO John Stumpf. The pressure is somewhat in Europe at the moment, but there's also the competition. "We are asset-hungry, but then again, most companies are right now," he tells a Goldman conference. (presentation)