320-x-100_uti_gold.jpg" alt="Advertisement">
01-01-1970 12:00 AM | Source: Reuters
Wells Fargo profit rises on asset sales boost
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Wells Fargo & Co reported a rise in fourth-quarter profit on Friday, propped up by gains from the sale of its corporate trust and asset management businesses.
The fourth-largest U.S. lender said profit rose to $5.8 billion, or $1.38 per share, in the three months ended Dec. 31, from $3.09 billion, or 66 cents per share, a year earlier.
Analysts on average had expected a profit of $1.13 per share, according to the IBES estimate from Refinitiv.
Latest News
Nail Fashion Trends: The Art of Expressing Style Thr...
Sustainable Living: Tips for a Greener Lifestyle
PM Narendra Modi to attend Christmas celebrations ho...
Government launching 3 apps to protect consumers in ...
Kia to launch compact SUV `Syros` in India next year
GST recommendations to create business-friendly envi...
CII seeks priority sector lending for new and emergi...
The Wealth of Experiences: How Travel and Cultural E...
India`s tax panel rejects airlines` call to add avia...
Rozgar Mela: PM Narendra Modi to distribute 71,000 a...
