Wage pressures are rising, and while the rise is modest, we expect it to continue as slack in the labor market continues to lessen, wrote Diane Schumaker-Krieg, head of research, economics and strategy at Wells Fargo, in a note to clients.
Date: Jun 06, 2014
Source: Google
Wells Fargo Creates Markets Unit as Stumpf Takes On Wall Street
In addition to the markets division and the investment-banking unit run by Engel and Weiss, Wells Fargo Securitiesincludes asset-backed finance and securitization, run by Julie Caperton; research and economics, headed by Diane Schumaker- Krieg; and municipal products, led by Phil Smith.