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Billionaire denies columnist's report that the financier lectured Wells board regarding ethics.
Stock losses accelerate on Thursday as Deutsche Bank and Wells Fargo drag on the financials sector.
Wells Fargo (WFC) CEO John Stumpf testified before the House Financial Services Committee about the accounts scandal at the bank.
Macquarie analysts said Wells Fargo (WFC) stock could hit as low as $42, but it's 'challenging' to predict given the numerous negative headlines related to the account openings issue.