Wells Fargo trims expected hit from regulatory cap on assets

May 10, 2018 admin Business News Comments Off on Wells Fargo trims expected hit from regulatory cap on assets

BOSTON (Reuters) – Wells Fargo & Co on Thursday said a cap on the bank’s growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations.

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Source:: Reuters – Business News