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Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

latimes.com
Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

The GOP tax overhaul saved Wells Fargo & Co. more than $3 billion in the fourth quarter, but the bank also set aside more than $3 billion to cover costs related to ongoing problems with its consumer businesses, the company reported Friday. In its earnings release for the fourth quarter and full year,