Wells Fargo faces government investigations into its PPP loans

In this Jan. 18, 2011 file photo, a pedestrian walks by a Wells Fargo bank branch in Los Angeles. Wells Fargo, the third-biggest U.S. bank by assets, said its first-quarter earnings fell slightly from the same period a year earlier, Tuesday, April 14, 2015. Net income for the January-to-March period fell to $5.5 billion, or $1.04 a share, compared with $5.6 billion, or $1.05 a share. Revenue climbed to $21.3 billion from $20.6 billion a year earlier.

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