Wells Fargo Q3 Results: Profit rises on higher interest income

Wells Fargo's profit rose in the third quarter as the US lender benefited from customers paying higher interest on loans. Net income climbed to $5.77 billion, or $1.48 per share, in the three months ended September 30, from $3.59 billion, or 86 cents per share, a year earlier, the bank reported on Friday.