Wells Clashed with Its Examiners Over Size of Provision, Sources Say

SAN FRANCISCO -- Wells Fargo & Co.'s stunning decision to add $350 million to its loan-loss reserves this quarter was forced by regulators over the company's vehement objections, sources close to Wells said Wednesday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.