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US-COMPANY-BANKING-STUMPF
This handout photo courtesy of Wells Fargo shows John G. Stumpf, President and CEO of Wells Fargo & Company. US banking giant Wells Fargo on January 28, 2009 announced a net loss in the fourth quarter of 2.5 billion dollars as it took hefty writeoffs before absorbing struggling rival Wachovia. Although the results for the California-based bank were surprisingly weak, it said it is expanding lending to many customers and does not intend to ask for additional capital from a government rescue fund. "Despite the unprecedented contraction in the credit markets, we remained 'open for business' and continued to lend to credit-worthy customers," said Wells Fargo president and chief executive John Stumpf. AFP PHOTO/WELLS FARGO & COMPANY/HANDOUT/RESTRICTED TO EDITORIAL USE /=GETTY OUT=
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Detalii fotografie |
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San Francisco, California, UNITED STATES |
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| Sursa: |
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AFP / Mediafax Foto |
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| Fotograf: |
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HO |
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| Data: |
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28 Ianuarie 2009 |
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| Dimensiuni: |
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1800 x 2700 (1.18 MB) |
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