Wells Fargo - Strong mortgage business creates momentum!
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Business Driver: Wells Fargo (WFC ) is currently benefiting significantly from the strong performance in the retail and commercial banking segments, especially as it has recently seen considerable gains in consumer and business loans. Additionally, the mortgage segment has also shown a more dynamic development recently, thanks to declining interest rates. In the medium term, Wells Fargo aims to further strengthen its market position in the retail and commercial banking segments as well as in Wealth Management. On October 14, Wells Fargo surprised...
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