InvestmentsTop Global NewsMarketsReal Estate Wells Fargo quarterly profit slumps 55per cent By financialnews_rlv83x - January 14, 2020 0 52 Wells Fargo & Co reported a 55per cent 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.