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Wells says loan losses to decline
- Source :
- Wall Street Journal. Europe. April 22, 2010, A19
- Publication Year :
- 2010
-
Abstract
- Wells Fargo & Co.'s first-quarter net profit fell 16% to $2.5 billion. Revenue dropped to $21.5 billion. Bad-loan provisions rose to $5.33 billion from $4.56 billion a year earlier, while non-performing assets rose to 3.49% from 1.25% last year.
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.224714201