Santander, Wells Fargo offer hope as banks surge (Reuters)

A Wells Fargo bank branch is framed by North Table Mountain in Golden, Colorado January 28, 2009. Wells Fargo  and  Co shares soared on Wednesday as the bank reassured investors by maintaining its dividend and saying it does not need more money from the federal government despite a massive quarterly loss. (Rick Wilking/Reuters)Reuters – Santander in Europe and Wells Fargo & Co in the United States offered a glimmer of hope to shareholders in the stricken financial sector after both banks held their dividends steady.

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