No. of Recommendations: 0
You know of a bank paying 6% interest? Do tell.
Wells Fargo & Co. 7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L, liquidation preference $1000 per share, not redeemable at any time, and with no stated maturity. Non-cumulative distributions of 7.50% ($75.00) per annum are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date which will be the last day of the month prior to the payment date.

Please note that this is information only and I make no recommendation.
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