Yahoo Finance

While larger commercial clients were “utilizing their lines just a little bit more” last quarter, Wells Fargo hasn't seen a “big rush to get in front of tariffs,” the bank’s chief financial officer Michael Santomassimo told reporters Friday. JPMorgan Chase Chief Financial Officer Jeremy Barnum said while the bank did hear from corporate clients about a focus on “shoring up liquidity,” it hasn't yet seen a meaningful uptick in draws on credit lines. In past times of stress, companies have grabbed cash from those facilities as a precautionary measure.