Business News Wells Fargo To Cut Back Mortgage Business After Scandals Take Toll Bloomberg
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Wells Fargo cuts more jobs as part of earlier cost-cutting drive
Wells Fargo & Co has started to cut jobs at its commercial banking unit as part of larger reductions that will impact nearly all of its functions and business lines, a company spokeswoman said on ... Read More
High costs haunt Wells Fargo results years after scandal
Wells Fargo & Co's profit plunged 57% in the third quarter, missing Wall Street's expectations as persistent costs tied to its years-old sales practices scandal continued to haunt the bank. Read More
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