Wells Fargo gives better-than-expected expense outlook, shrinks asset cap hit

BOSTON (Reuters) - Wells Fargo & Co on Thursday said the aftertax impact on net income of a regulatory cap on its assets will be less than $100 million in 2018, and gave an outlook for 2019 expenses that was slightly lower than analyst expectations.

Wells Fargo gives better-than-expected expense outlook, shrinks asset cap hit
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