Wells Fargo’s Profit Flat, Mortgage Banking Revenue Down
Wells Fargo & Co., which has been mired in litigations stemming from a sales scandal, posted a nearly flat first-quarter profit, hurt by lower mortgage banking revenue and higher expenses.
Wells Fargo & Co., which has been mired in litigations stemming from a sales scandal, posted a nearly flat first-quarter profit, hurt by lower mortgage banking revenue and higher expenses.