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Wells Fargo Disappoints Wall Street as Legal Costs Mount
Reuters, Oct. 15, 2019–Zainab Hussain, Imani Moise
Wells Fargo & Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago.
https://www.reuters.com/article/us-wells-fargo-results/wells-fargo-disappoints-wall-street-as-legal-costs-mount-idUSKBN1WU1NI