URGENT-Wells Fargo $1 bln accrual due to talks with U.S. Justice Department
12 Oct URGENT-Wells Fargo $1 bln accrual due to talks with U.S. Justice Department
Posted at 17:39h
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by KMFSLLP
Oct 13 (Reuters) – Wells Fargo & Co took a $1
billion mortgage litigation accrual in the third quarter because
it is in talks with the U.S. Department of Justice, Chief
Financial Officer John Shrewsberry told Reuters on Friday.
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