UPDATE 4-As loans and revenue shrink, Wells Fargo leans on cost cuts
14 Jan UPDATE 4-As loans and revenue shrink, Wells Fargo leans on cost cuts
Posted at 23:21h
in
News
by KMFSLLP
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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