UPDATE 2-Wells Fargo profit decimated as coronavirus-led loan defaults loom
Wells Fargo & Co on Tuesday
reported a plunge in first-quarter profit as the U.S. bank set
aside nearly $4 billion to cover potential losses on loans to
consumers and small businesses hurting due to the coronavirus
outbreak.
reported a plunge in first-quarter profit as the U.S. bank set
aside nearly $4 billion to cover potential losses on loans to
consumers and small businesses hurting due to the coronavirus
outbreak.
Posted by Reuters
