Reuters: Wells Fargo cuts dividend 85 percent, sees new savings

[chris]

Wells Fargo cuts dividend 85 percent, sees new savings
      
   
      

NEW YORK (Reuters) - Wells Fargo &amp; Co  cut its dividend 85 percent on Friday , a widely expected move that the fourth-largest U.S. bank said will save $5 billion a year.<div class="feedflare">
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