Wells Fargo raises pay after tax bill

• "We believe tax reform is good for our U.S. economy and are pleased to take these immediate steps," says Wells Fargo (NYSE:WFC) CEO Tim Sloan.
• The bank raises its minimum wage to $15 per hour vs. the $13.50 it boosted to back in January.
• Wells is also planning a 40% increase in donations, and more loans to small businesses and mortgages to low-to-moderate income borrowers.
• Source: Press Release
• Previously: Fifth Third employees getting raises, bonuses after tax bill (Dec. 20)