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Wells Fargo says agrees with Buffett and is fixing its problems
May 6, 2017 / 7:18 PM / 7 months ago

Wells Fargo says agrees with Buffett and is fixing its problems

(Reuters) - Wells Fargo & Co (WFC.N) agreed with Warren Buffett’s blistering comments early Saturday at the annual Berkshire Hathaway meeting, remarking that the company has taken decisive actions regarding recent sales abuse practices.

A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith

“We agree with Mr. Buffett’s comments and value Berkshire Hathaway as a long-term shareholder and customer,” said Wells Fargo spokesman Mark Folk.

“We have taken decisive actions to fix the problems, make things right for customers, and build a better Wells Fargo. Our top priority is rebuilding the trust of our customers, team members, community partners, and shareholders.”

 

Reporting By Jennifer Ablan; Editing by Nick Zieminski

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