"Wells Fargo & Company (NYSE: WFC) today announced the restructuring of its Wells Fargo Financial division, including closing its 638 Wells Fargo Financial stores across the U.S. and exiting the origination of non-prime portfolio mortgage loans. The remaining consumer and commercial loan products offered through Wells Fargo Financial will be realigned with those offered by other Wells Fargo business units and will be available through Wells Fargo’s expanded network of community banking and home mortgage stores, now the nation’s largest.


catherine at 21:28 2010-07-07 said:
1.2 trillion in assets WITH A BASEMENT FULL OF TOXIC garbage, this one will merge or won't make it, we have seen this before and it never ends well. wf, citi and suntrust are hurting...... Permalink

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