Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes

Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters. Source: REuters business

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UK economy to avoid 2019 recession; Trump tweet lifts markets – as it happened

The latest UK GDP report shows that the economy will probably avoid sliding into recession this autumn Latest: Trump says he’ll meet China’s Liu He tomorrow Tweet lifts stock markets Newsflash: UK GDP fell 0.1% in August… …but 0.3% quarterly growth means recession looks unlikely 5.02pm BST Trade war optimism had also pushed the […]

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