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Business Wire 09/16/2020 09:00
Despite the gains in the markets, investor optimism remains fragile as unemployment remains high and further stimulus is in question,” said Tracie McMillion, head of asset allocation strategy for Wells Fargo Investment Institute (WFII.
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Wells Fargo charged $4.8 billion in service fees across all deposit accounts last year, a figure which includes overdraft fees, making up about 6% of the bank’s annual revenue.
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Seeking Alpha 09/18/2020 09:25
After the price of the common stock of Wachovia Corp. plunged in 2008 and the bank was bought by Wells Fargo & Co. the preferred stock turned into a busted convertible, (practically making it perpetual preferred stock for ever.
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