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Posted by
Two Blokes Jul 15 -
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Stock
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Wells Fargo (NYSE:WFC) is scheduled to disclose its earnings on July 15, which will be the first earnings report since the Federal Reserve removed the bank's long-standing $1.95 trillion asset cap in late May. Although the removal of the asset cap is a substantial long-term benefit, its effect on Q2 results is expected to be minimal, as it will require time for Wells Fargo to increase lending, deposit acquisition, and other asset-generating activities.
