Wells Fargo had what could have been a winning hand at the end of , posting a $. billion gain from the Republican tax overhaul that cost two Wall Street giants dearly. But legal expenses from a massive fake accounts scandal, a regulatory probe of the San Francisco based lender s mortgage .Wells Fargo earnings fake accounts scandal, legal cost disclosure take financial toll. Kevin McCoy, USA TODAY Published a.m. ET Oct. , | Updated p.m. ET Oct. , . play. CLOSE. Wells Fargo s fake account scandal started last year. Angeli Kakade @angelikakade has the story. Buzz. WELLS .Wells Fargo is having a hard time getting Americans to sign up for credit cards these days. Credit card applications at Wells Fargo plunged by in February, the sharpest decline since the bank s fake account scandal erupted last September. Wells Fargo has suffered double digit ."While it s too early to determine the full impact, it appears that tax reform will benefit our customers and help grow the U.S. economy," C Full story on washingtonexaminer.com. Fake account fallout overshadows Wells Fargo s $. billion tax bounty. Image source washingtonexaminer.com..
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