Wells Fargo plans to close 900 branches despite $3.4bn tax boost

(Courtesy of Jacksonville Business News) Wells Fargo operates about 5,860 branches across the country. Wells Fargo plans to close about 900 branches as part of efforts to cut costs in the wake of its mis-selling scandal even though the bank’s profits received an immediate $3.4bn boost from the US corporate tax cut. Executives at the … Continue reading Wells Fargo plans to close 900 branches despite $3.4bn tax boost

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