
Derek Ernst tips his cap after winning the Wells Fargo Championship golf tournament at Quail Hollow Club in Charlotte, N.C., Sunday, May 5, 2013. Ernst defeated David Lynn on the first playoff hole. (AP Photo/Bob Leverone)

Derek Ernst tips his cap after winning the Wells Fargo Championship golf tournament at Quail Hollow Club in Charlotte, N.C., Sunday, May 5, 2013. Ernst defeated David Lynn on the first playoff hole. (AP Photo/Bob Leverone)

Wells Fargo reported record net income of $18.9 billion in 2012, which was up 19 percent from 2011. During the fourth quarter, the bank had record net income of $5.1 billion. The Federal Deposit Insurance Corp. attributes banking’s successful year to higher income and lower provisions for loan losses. (Associated Press)

** FILE ** A branch of Wells Fargo Bank is shown in San Francisco in 2009.

associated press Rory McIlroy reclaimed the world's No. 1 ranking despite losing in a three-way playoff at the Wells Fargo Championship last weekend. McIlroy and Luke Donald have taken turns at the top six times in the past 10 weeks.

associated press Rory McIlroy reclaimed the world's No. 1 ranking despite losing in a three-way playoff at the Wells Fargo Championship last weekend. McIlroy and Luke Donald have taken turns at the top six times in the past 10 weeks.

Rory McIlroy reacts after making a birdie putt on the third hole during the pro-am of the Wells Fargo Championship golf tournament at Quail Hollow Club in Charlotte, N.C., on Wednesday, May 2, 2012. (AP Photo/Chuck Burton)

Police officers arrest an Occupy protester who was blocking Wells Fargo's corporate headquarters on Friday, Jan. 20, 2012, in San Francisco. Anti-Wall Street demonstrators across the U.S. planned rallies Friday in front of banks and courthouses. (AP Photo/Noah Berger)

Wells Fargo Bank agreed to pay $100 million to Citigroup Friday, Nov. 19, 2010, to settle all claims in a dispute related to its 2008 acquisition of Wachovia Corp.(AP Photo/Paul Sakuma, file)