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BRIEF-Wells Fargo issues statement regarding federal reserve
December 13, 2016 / 10:43 PM / a year ago

BRIEF-Wells Fargo issues statement regarding federal reserve

Dec 13 (Reuters) - Wells Fargo & Co

* Wells fargo issues statement regarding federal reserve, FDIC 2016 resolution plan submission determination

* “Believe we will be able to address concerns raised today in march 2017 revised submission.”

* “We were informed today that we did not adequately remediate certain deficiencies”

* Wells fargo says will work with agencies to better understand concerns so that co can bring its resolution planning processes in line with their expectations Source text for Eikon: Further company coverage:

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