Friday, January 11, 2013

Wells Fargo profit jumps but mortgage lending slips

http://www.reuters.com/article/2013/01/11/us-wellsfargo-results-idUSBRE90A0KD20130111

Wells Fargo & Co (WFC.N) on Friday said fourth-quarter profit rose 24 percent to a record high as the bank set aside less money to cover bad loans and made more fees from mortgages.

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