Industry News

Wells Fargo posts record profits, revenue in 2006

Fourth-quarter mortgage originations lowest for the year
Published on Jan 17, 2007

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Wells Fargo & Co. posted record revenue and profits in 2006, despite a slowdown in the growth of its mortgage lending business. Wells Fargo reported Tuesday that fourth-quarter profits were up 13 percent from last year, to $2.18 billion, or ...