Wells Fargo unveils share issue
China Daily | Updated: 2009-12-16 07:56
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People enter and exit the headquarters of Wells Fargo & Co in San Francisco. The bank plans to return all of the $25 billion that taxpayers invested last year. Bloomberg News |
SAN FRANCISCO: Wells Fargo & Co, seeking to wipe away the tarnish of US government bailout funds, kept pace with rival banks by announcing a $10.4 billion share sale to help repay the Troubled Asset Relief Program (TARP).
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