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Wells Fargo beats on earnings despite accounts scandal (WFC)

Wells Fargo beat on its first earnings since being rocked by its fraudulent-accounts scandal. The bank on Friday reported revenue of $22.3 billion and earnings per share of $1.03. Analysts expected the bank to report earnings per share of $1.01 and revenue of $22.22 billion. The bank also said CEO John Stumpf would get no bonus after his retirement from the bank, announced on Wednesday.
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