1. Wells Fargo's Profits Tumble as Mega Bank Struggles to Rebound from Sales Scandal

    Wells Fargo's Profits Tumble as Mega Bank Struggles to Rebound from Sales Scandal

    Wells Fargo was already dethroned as the world's most valuable bank following the scandal, but now it's slipping further behind...

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    1. Over the past year we have made fundamental changes to transform Wells Fargo as part of our effort to rebuild trust and build a better bank.
    2. We believe the consumer bank will be a drag on performance well into 2018 from prior aggressive sales tactics.
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