Wells Fargo may soon have to begin selling parts of its massive branch network if it cuts back on cross-selling as a result of its phony account scandal, analysts said Thursday.

The San Francisco bank has struggled in the aftermath of revelations that it opened roughly 2 million fake accounts. Many blame cross-selling, which has been essential to Wells' business model, for the fraud. As a result, the bank is expected to cut back on its aggressive sales tactics, which may spur it to close branches as well.

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