Wells Fargo quarterly profit slumps 55%
Wells Fargo & Co reported a 55%
fall in quarterly profit on Tuesday, as it struggled to grow in
a lower interest rate environment and saw a surge in cost
stemming from the regulatory fallout of a series of sales
scandals.
fall in quarterly profit on Tuesday, as it struggled to grow in
a lower interest rate environment and saw a surge in cost
stemming from the regulatory fallout of a series of sales
scandals.
Posted by Reuters
