September 9, 2019 / 11:48 AM / 3 months ago

Wells Fargo says 2019 net interest income to fall 6%

Sept 9 (Reuters) - Wells Fargo said on Monday it expects full year 2019 net interest income to fall 6% from a year earlier due to lower interest rates, a flatter yield curve and asset sales.

The fourth largest U.S. lender said it also expects net interest income in the second half to be down by about $1.8 billion from first half. (bit.ly/2k2RwMy) (Reporting by C Nivedita in Bengaluru; Editing by Arun Koyyur)

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