Wells Fargo Asset Cap Update - Search News

News

Fed lifts Wells Fargo's asset cap

Reuters on MSN · 1h

Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth.

Bloomberg · 15h

Wells Fargo Asset Cap Lifted by Fed, Paving Way for Growth

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief Executive Officer Charlie Scharf.

The Des Moines Register on MSN · 13h

Fed lifts Wells Fargo asset cap, clearing bank for growth as it rebuilds from scandal

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 award

35mon MSN

Letting Wells Fargo off the Leash Will Rattle Regional Banks

The giant lender can once again compete aggressively on all fronts to make up for lost ground in deposits.

1h

Wells Fargo shares rise as asset cap removal sparks deposit and trading boost

Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results