Comment on Wells Fargo 4Q profit up, aided by lower reserves

Wells Fargo 4Q profit up, aided by lower reserves

(01-19) 05:36 PST NEW YORK, (AP) -- Wells Fargo & Co. says its fourth-quarter profit shot up, as it was able to lower the amount of reserves set aside to cover souring loans. The San Francisco bank says it earned $3.2...

 

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