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Wells Fargo profits soar thanks to increase in loans, cost-cutting steps

Wells Fargo on Friday beat analysts' estimates for fourth-quarter profit as a rebound in US economic growth encouraged more customers to take loans and the bank kept a tight lid on costs. ...

Wells Fargo on Friday beat analysts’ estimates for fourth-quarter profit as a rebound in US economic growth encouraged more customers to take loans and the bank kept a tight lid on costs.

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