News Update: Wells Fargo CEO: Bank Customers Will Bear Burden Along With Bank for Financial Reforms
Friday, July 30th, 2010Wells Fargo CEO John Stumpf, speaking out on the U.S. financial reform bill, said bank customers will bear a financial burden for new regulations on financial firms that deal with services ranging from credit cards to home loans. Wells Fargo shares are down 0.93%, or $0.26, to $27.81.
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