Wells Fargo sells its asset management business. What this means for the stock.

Wells Fargo sells its asset management business.  What this means for the stock.

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CEO Charlie Scharf is working to rehabilitate the bank after the fake accounts scandal of a few years ago.

Ting Shen / Bloomberg

Wells fargo

Managing Director Charlie Scharf has just taken a new step towards streamlining the bank’s operations.

Wells Fargo (TTY: WFC)…

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