UPDATE 1-Wells Fargo profit slumps 26% on legal costs
Wells Fargo & Co reported a 26%
slump in quarterly profit on Tuesday, as mortgage income sank
and it braced for additional legal expenses tied to a sales
practices scandal that erupted more than three years ago.
slump in quarterly profit on Tuesday, as mortgage income sank
and it braced for additional legal expenses tied to a sales
practices scandal that erupted more than three years ago.
Posted by Reuters
