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Wells Fargo profit shrinks on lower interest income

Wells Fargo's profit fell as it earned less from customer interest payments in the first quarter. ...

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Wells Fargo Profit Shrinks More Than 7% on Lower Interest Income

Wells Fargo Profit Shrinks More Than 7% on Lower Interest Income
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US Banks' Profit Picture Less Clear With Cloudy Rates Trajectory

US Banks' Profit Picture Less Clear With Cloudy Rates Trajectory
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US banks' profit picture less clear with cloudy rates trajectory

US banks' profit picture less clear with cloudy rates trajectory
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US banks' profit picture less clear with cloudy rates trajectory

US banks' profit picture less clear with cloudy rates trajectory
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Insurers could face losses of up to $4 bln after Baltimore bridge tragedy-analyst

Insurers could face losses of up to $4 bln after Baltimore bridge tragedy-analyst
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Insurers Face Billions in Losses from Baltimore Bridge Claims

Insurers Face Billions in Losses from Baltimore Bridge Claims
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Wells Fargo's 2016 'consent order' terminated by US regulator OCC

(Reuters) -Wells Fargo said the U.S. Office of the Comptroller of the Currency has terminated a 2016 punishment for the bank’s sales practices, the bank said, after it spent years trying to repair the damage from a fake accounts scandal. The move marks the sixth consent order that was terminated by regulators since 2019, CEO Charlie Scharf said in a statement. "I have repeatedly said that implementing a risk and control framework appropriate for a bank of our size and complexity is our top priority, and closing consent orders is an important sign of our progress," Scharf said in a statement.

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AIG beats Q4 profit estimates on investment gains

American International Group
beat expectations for fourth-quarter profit on Tuesday, driven
by higher investment returns at its general insurance arm.
Adjusted after-tax income...

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Wells Fargo profit jumps in fourth quarter

Wells Fargo's profit jumped in the fourth quarter, helped by cost cuts....

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