Wells Fargo will shutter 400 branches nationwide through 2018, as it seeks to control costs after changing how employees are paid and continuing legal costs related to an aggressive sales tactic scandal mount. The San Francisco-based banking behemoth made the announcement as part of a conference call with analysts last week, during which it discussed its ongoing legal woes related to a bogus accounts scandal and predicted customer trends.

BING NEWS:
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    04/16/2024 - 5:00 am | View Link
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  • Wells Fargo Bank Review 2024
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  • Wells Fargo, Bank of America, Citizens and Chase among US banks that filed to shut 18 branches in just one week
    Wells Fargo filed to close eight branches in a single week this month, joining another eight banks in closing a total of 18. Meanwhile, Chase continued to defy the industry-wide trend by ...
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