Wells Fargo (WFC +0.2%) will look to increase its dividend and continue to buy back shares as...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo (WFC +0.2%) will look to increase its dividend and continue to buy back shares as part of the capital plan it submits to the Fed next year, CFO Tim Sloan says. The bank has not yet decided on its recommendation but Sloan says it has a "good story" to tell the Fed after reporting record quarterly earnings this year.