Wells Fargo CFO Says On Media Call That Trading Activity Across Clients Slowed Meaningfully In The Last Few Weeks Of September, Impacting Results; Seeing Quite Healthy Pipeline Across M&A And Investment Banking, 'Pretty Active Across A Bunch Of Different Industries'
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Why It Matters
Trading slowed down at Wells Fargo in late September, which hurt their money-making. But they see lots of deals coming soon across many different businesses.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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