Look at what Trump tax overhaul did for Wells Fargo’s profits

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  1. Look at what Trump tax overhaul did for Wells Fargo’s profits  Charlotte Observer
  2. Q4 Kickoff: The Big Earnings Questions for JPMorgan, Wells Fargo  Barron’s
  3. Here’s What I’m Watching When Wells Fargo Reports Earnings  Motley Fool
  4. What every Canadian investor needs to know today  The Globe and Mail
  5. Full coverage



The bank, whose largest employment hub is in Charlotte, earned $. billion, or $. a share, compared with $. billion, or cents a share, a year earlier..Wells Fargo's profits get boost from tax overhaul. Wells Fargo said Friday its profits for the last three months of got a big boost thanks to the new federal tax overhaul. The bank, which has its largest employment hub is in Charlotte, earned $. billion, or $. a share .But some of those banks, such as Citigroup and Morgan Stanley, also have substantial overseas earnings. Because Wells Fargo derives nearly all of its profits from the United States, it would make out best. "In ourysis, [Wells Fargo] looks to be the biggest beneficiary of the statutory rate falling,"ysts .Some of Wall Street s largest banks stand to win big from the tax bill now hurtling its way towards the president s desk but among them, Wells Fargo will Wells Fargo WFCPRJ would make out the best, with an boost, in large part because it derives nearly all of its profits from the United States, .







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