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$WFC said its deposit franchise's average deposits grew $44.6Bil or 4% from a year ago. The company also stated that it grew the number of primary consumer checking customers by 5%. $WFC's total net charge-off rate remained near historical lows at 38 BPs annualized, which reflected the benefit of the company's diversified loan portfolio.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.