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Wells Fargo cuts dividend 85 percent, sees new savings (Reuters)

Started by riky, March 06, 2009, 04:01:22 PM

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riky

March 06, 2009, 04:01:22 PM
Wells Fargo cuts dividend 85 percent, sees new savings
    (Reuters)

 

Reuters - Wells Fargo & Co  on Friday cut its dividend 85 percent, a widely expected move that the fourth-largest U.S. bank said will save $5 billion a year.


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