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http://seekingalpha.com/pr/16713439-wells-fargo-reports-5_3-...

Chief Executive Officer Tim Sloan said, "We continued to make progress in the fourth quarter in rebuilding the trust of our customers, team members and other key stakeholders. I am pleased with the progress we have made in customer remediation, the ongoing review of sales practices across the company and fulfilling our regulatory requirements for sales practices matters. As planned, we launched our new Retail Bank compensation program this month, which is based on building lifelong relationships with our customers. While we have more work to do, I am proud of the effort of our entire team to make things right for our customers and team members and to continue building a better Wells Fargo for the future.”

Wells Fargo (NYSE:WFC): Q4 EPS of $0.96 misses by $0.04.

Revenue of $21.58B (-0.0% Y/Y) misses by $840M.

Shares -0.9% PM.




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