Wells Fargo reports third-quarter earnings results

Wells Fargo reported results for the third quarter of the 2018 financial years, showing an increase in revenue to $21.9 billion from $21.8 billion in the third quarter of 2017. 

As of 07:52 GMT, Wells Fargo's stock rose 0.86%, or 0.44 points to $51.88 per share. 

Net income rose to $6 billion, or $1.13 per share, from $4.5 billion, or $0.83 per share in the third quarter of 2017.