Wells Fargo & Co. , the fourth-largest bank in the U.S. and No. 1 in the Philadelphia area since it bought Wachovia Bank last year, reported "record" profits Wednesday. The stock fell 5%, and isn't back yet. Full Article at Philly.com

Wells Fargo & Co. , which became Philadelphia's largest bank when it bought Wachovia Corp. last year, reported higher-than-expected profit yesterday. So why did the stock fall 5 percent? Full Article at Philly.com

Wells Fargo & Co. posted a record third-quarter profit by limiting loan defaults and wringing costs from Wachovia Corp. The quarter included gains from hedging, leading analysts to question whether the profit would continue, and the stock dropped 5.1%. Full Article at Los Angeles Times

Wells Fargo & Co. , which became Philadelphia's largest bank when it bought Wachovia Corp. last year, reported higher-than-expected profit yesterday. So why did the stock fall 5 percent? Full Article at Philadelphia Inquirer

- The Bank of New Canaan has appointed Ernest Verrico of Stamford as executive vice president in finance at the bank. He also was appointed senior vice president, chief financial officer and chief administrative officer of BNC Financial Group Inc. Full Article at The Connecticut Post

SAN FRANCISCO (CBS) ― Wells Fargo & Co. on Wednesday reported a $2.6 billion third-quarter profit as the company's retail banking operations, including the businesses it acquired with the purchase of Wachovia Corp. , offset rising loan losses. Full Article at WCCO