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KM Financial Solutions | UPDATE 3-As loans and revenue shrink, Wells Fargo leans on cost cuts
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UPDATE 3-As loans and revenue shrink, Wells Fargo leans on cost cuts

14 Jan UPDATE 3-As loans and revenue shrink, Wells Fargo leans on cost cuts

Posted at 18:13h in News by
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Wells Fargo & Co’s loan book
shrank and revenue fell across all its major businesses last
quarter, as the fourth-largest U.S. lender continued to work
through the consequences of wayward sales practices at its
consumer bank.

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