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...However, the downgrade is another blow for the bank as it tries to move on from the sham accounts scandal....
...Well Fargo’s net income rose 29 per cent to 70 cents a share from $3.06bn, or 55 cents a share, in the same quarter last year....
...Wells Fargo on Thursday boosted US markets after it said it expected record first quarter earnings of $3bn, or $0.55 per common share after preferred dividends....
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