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KM Financial Solutions | UPDATE 3-Wells Fargo adds $3.25 bln to consumer legal bill in Q4
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UPDATE 3-Wells Fargo adds $3.25 bln to consumer legal bill in Q4

11 Jan UPDATE 3-Wells Fargo adds $3.25 bln to consumer legal bill in Q4

Posted at 14:31h in News by
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Jan 12 (Reuters) – Wells Fargo & Co set aside $3.25
billion in the fourth quarter to cover legal expenses related to
probes into its mortgage and sales practices, but its 2018 cost
outlook met analyst expectations as the bank tries to rebound
from the scandal in its consumer banking business.

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