Tuesday 28 January 2020
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Brecorder News - 14 days ago

Wells Fargo quarterly profit slumps as legal costs mount

Shares of the bank fell about 3% to $50.50 in premarket trading.   Our cost structure is too high, and I believe there are many areas where we will be able to increase our rate of growth. The bank s efficiency ratio was 78.6%, compared with 63.6% a year earlier. The ratio measures non-interest expenses as a [ ]


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