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KM Financial Solutions | UPDATE 5-Wells Fargo trims expected hit from regulatory cap on assets
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UPDATE 5-Wells Fargo trims expected hit from regulatory cap on assets

09 May UPDATE 5-Wells Fargo trims expected hit from regulatory cap on assets

Posted at 21:31h in News by
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BOSTON, May 10 (Reuters) – Wells Fargo & Co on
Thursday said a cap on the bank’s growth imposed by regulators
after sales practices scandals would hurt earnings less than it
thought this year, and forecast 2019 expenses below Wall Street
expectations.

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