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Wells Fargo could see material earnings upside if asset cap is lifted, analyst says (WFC:NYSE)

Peru, IN - March 2016: Wells Fargo Retail Bank II

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The long-sought removal of the Federal Reserve’s $1.95T asset cap on Wells Fargo (NYSE:WFC) could be just months away, a move that would result in a material long-term boost to the bank’s earnings, Evercore ISI said in a recent note.

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