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Wells Fargo, the Bank With the Most US Branches, Gets Ready to Downsize Real Estate

San Francisco Company Looks to Cut $10 Billion in Expenses
San Francisco-based Wells Fargo could see a number of branch closures as it trims expenses. (CoStar)
San Francisco-based Wells Fargo could see a number of branch closures as it trims expenses. (CoStar)
CoStar News
July 15, 2020 | 10:22 P.M.

Wells Fargo said it’s preparing to cut up to $10 billion in annual expenses, a move expected to reduce the brick-and-mortar footprint of the nation’s third-largest bank.

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