Wells Fargo's profit up 13 percent; revenue slips

Associated Press
Wells Fargo's profit up 13 percent; revenue slips

FILE- In this Tuesday, July 16, 2013, file photo, an ATM is displayed at a Wells Fargo bank, in Atlanta. Third-quarter profit for Wells Fargo & Co., the biggest U.S. mortgage lender, jumped 13 percent as a decline in revenue from mortgage lending was offset by reduced expenses and fewer soured loans, the company reported Friday, Oct. 11, 2013. (AP Photo/David Goldman, File)

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