The nation's No. 3 bank by assets posted a profit of
Earnings per share were
In pre-market trading, Wells shares dropped more than 2 percent to
On Monday, the bank's board issued a 113-page report that placed blame for the scandal squarely on former community bank head
Profits in the community banking unit fell to
New checking account openings fell 35 percent in March from a year ago, while new credit card applications dropped 42 percent.
Wells' total loans fell by more than
Total employment at the bank climbed by about 3,700 to 272,800. Wells has said it has more than 24,000 in Charlotte, making it the company's biggest employment hub.
JPMorgan Chase said its first-quarter profit rose 17 percent to
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