Wells Fargo third-quarter profit rises to $3.2 billion

Wells Fargo & Co. says its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses.

[vikesman]

New additional fees? They make a great living off those that are trying to make one.

[IrishMN]

$3.2 Billion is an obscene number for any company.

We need a trusted impartial third party (and yes, I do mean he Federal Government) to step in any time this bank or any business makes this kind of money. Either they are underpaying the low level workers or they are scamming the consumers. Or both.

[Eric in Mpls]

IrishMN wrote:

$3.2 Billion is an obscene number for any company.
We need a trusted impartial third party (and yes, I do mean he Federal Government) to step in any time this bank or any business makes this kind of money. Either they are underpaying the low level workers or they are scamming the consumers. Or both.

Then don't bank there.. Heck there is a different bank on every corner. Maybe you should be a customer at a bank that is losing billions of dollars - there's a good idea. Let the government cover your insured deposits. BTW - Wells Fargo is paying the government billions of dollars in interest and taxes. Yes - making money is a bad thing. GET A CLUE!!

[what ever]

Sounds like some are going to recieve huge bonus's