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Wells Fargo (WFC -0.6%) is well-positioned for rising interest rates, CFO Tim Sloan tells a DB...

Jun. 05, 2013 11:26 AM ETWells Fargo & Company (WFC) StockWFCBy: Stephen Alpher, SA News Editor
Wells Fargo (WFC -0.6%) is well-positioned for rising interest rates, CFO Tim Sloan tells a DB conference (webcast), as the bank can earn higher returns on its investments. He does allow one negative - a slowdown in mortgage refinancing from which Wells has benefitted maybe more than any other U.S. bank. (Previous: Refinancing index dives). 

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