📧 Communication

This document from a Bank of America Merrill Lynch conference discusses Wells Fargo's (WFC) progress on regulatory compliance and the positive view on potential changes to the annual stress test process. It includes poll results showing investor sentiment on the biggest catalysts for WFC shares and expectations for its long-term dividend payout ratio. The document also begins a section on Zions Bancorporation (ZION), noting constructive post-election sentiment on growth prospects.