Wells Fargo Profits Plummet Amid Fraud Scandals And Added Competition. Is The End Near For Wells Fargo? Wells Fargo CEO Tim Sloan was forced to admit Wells Fargo profits are plummeting. He also admitted Wells Fargo is struggling. The bank has also been plagued by countless fraud scandals, lawsuits, and fines.  Sloan also admitted Wells Fargo … Continue reading Wells Fargo Profits Plummet Amid Fraud Scandals And Competition