Wells Fargo reports Q4 net loss (Banking Business Review)
January 31, 2009 by admin
Filed under Wells Fargo
Wells Fargo, a US-based diversified financial company, has reported a net loss of $2.55 billion, or diluted loss per common share of $0.79, for the fourth quarter ended December 31, 2008, compared to a net income of $1.36 billion, or diluted earnings per common share of $0.41, for the same quarter of 2007.