Wells shrinks branches as mobile usership jumps

Wells
Fargo
pulled
back
on
its
branch
footprint
as
digital
and
mobile
banking
adoption
climbed
in
the
first
quarter. 
“Our
branches
are
becoming
more
advice-focused
…
[and]
we
are
modernizing
and
optimizing
our
branch
network,”
Chief
Executive
Charlie
Scharf
said
today
during
the
bank’s
Q1
earnings
call.
“We
continue
to
invest
in
talent,
technology
and
[…]