(01-19) 05:36 PST NEW YORK, (AP) -- Wells Fargo & Co. says its fourth-quarter profit shot up, as it was able to lower the amount of reserves set aside to cover souring loans. The San Francisco bank says it earned $3.2...
San Francisco Chronicle, San Francisco Chronicle: Business
Wed, 01/19/2011 - 6:36am
(01-19) 05:36 PST NEW YORK, (AP) -- Wells Fargo & Co. says its fourth-quarter profit shot up, as it was able to lower the amount of reserves set aside to cover souring loans. The San Francisco bank says it earned $3.2...