In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday.
In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday. MARK HAMES mhames@charlotteobserver.com
In a securities filing Wednesday, the San Francisco lender increased the estimated amount it could lose beyond what it has set aside for legal costs to as much as $1.1 billion as of Dec. 31. That’s up from $950 million three months earlier. The lender did not disclose any new legal cases in the filing on Wednesday. MARK HAMES mhames@charlotteobserver.com
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Bank Watch

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Wells Fargo boosts estimate for legal losses

February 25, 2015 03:54 PM

UPDATED February 25, 2015 06:09 PM

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