July 12 (Reuters) - Wells Fargo's         second-quarter
profit declined as the lender shelled out more to hold on to
deposits amid intense competition for customers' money.
    Net income fell to $4.91 billion for the three months ended
June 30, versus $4.94 billion, a year earlier, the lender
reported on Friday.
    On a per shares basis, the company reported $1.33, compared
to $1.25 a year earlier.    

 (Reporting by Noor Zainab Hussain and Manya Saini in Bengaluru
and Saeed Azhar in New York; Editing by Lananh Nguyen and Sriraj
Kalluvila)