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Wells Fargo wealth unit profit rises to $659m in Q4

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The wealth and investment management arm of Wells Fargo has posted a net income of $659m for the fourth quarter of 2017, a marginal increase of 1% compared to $653m in the year-ago quarter. The unit’s revenue for the period ended 31 December 2017 was $4.3bn, up 6% from $4.07bn…

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