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wells fargo's profit rises along with interest rates

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wells fargo's profit rises along with interest rates

wells fargo & co. said friday its profit edged up in the second quarter as the bank got a boost from rising interest rates and the planned sale of its insurance service business.

the san francisco-based bank said its profit grew 5% to $5.8 billion, or $1.07 per share. that was more than the $1.01...