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Wells Fargo plans to cut more real estate and staff, CFO says

Wells Fargo & Co. sees more opportunity to trim expenses by unloading more real estate and cutting additional employees, Chief Financial Officer Mike Santomassimo told investors.

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Truist names NC West regional president for Triad, Charlotte

Truist names NC West regional president for Triad, Charlotte
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Jane Fraser, Citi CEO: restructuring is the next big step for the bank -September 13, 2023 at 12:00 pm EDT

Citigroup Chief Executive Jane Fraser believes that a major restructuring will simplify the bank s management and better adapt it to the long term. She was speaking at the Barclays Global.

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Democrats join GOP, banks in pushing back on proposed bank capital rules

Democrats are split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues in questioning the proposed.

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The Child Poverty Rate In The United States Has More Than Doubled

If you take an honest look at the numbers, the obvious conclusion is that the U.S. economy is rapidly going in the wrong direction.  Delinquency rates are soaring, sales of previously-owned homes have declined by more

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