Friday, October 14, 2016

Wells Fargo posts first earnings report since scandal

US banking giant Wells Fargo has released its first earnings report
since it emerged that the company had opened as many as two million
accounts without customer authorization.

According to the earnings report profits fell 2.6% in the third
quarter but revenue rose by 2.1% to $22.3 billion.

William Denselow reports from New York.

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