• Wells Fargo earnings fall as bank reports sales-tax hit, fewer loans and deposits

    3 monthes ago - By LA Times

    Wells Fargo & Co. on Friday reported lower-than-expected earnings for the second quarter and said it set aside nearly half a billion dollars to pay additional state sales taxes in the wake of a recent U.S. Supreme Court decision. The San Francisco financial giant reported net income of $5.2 billion,...
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