Wells Fargo Says Customers to Pay for New RulesQuicklink submitted by Margaret Bassett Permalink
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|Wells Fargo & Co. Chief Executive Officer John Stumpf said customers, not just the bank, will bear the financial burden for U.S. regulations that cover services ranging from home loans to credit cards.Stumpf's comments add to evidence that new rules mean new expenses for consumers as banks make up for lost revenue and increased costs.|
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