Wells Fargo & Company to Consolidate Its Wells Fargo Financial Consumer Finance Division into the Company's Newly Expanded Coast to Coast Community Banking Network; 638 Independent Consumer Finance Offices to be Closed
Restructuring does not impact Wells Fargo’s industry-leading network of 6,600 Wells Fargo and Wachovia Community Banking stores and 2,200 Wells Fargo Home Mortgage stores; Wells Fargo will recognize a $0.02 per share restructuring charge in second quarter 2010
DES MOINES, Iowa — July 7, 2010