Wells Fargo Regulatory Progress

News

Wells Fargo, Federal Reserve

Wells Fargo asset cap axed by Fed after ‘substantial progress’ from fake accounts scandal

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in order to address

The Des Moines Register on MSN · 1d

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

Insider Monkey on MSN · 14h

Wells Fargo’s (WFC) Growth Engine Restarts with Fed’s Asset Cap Removal

On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a significant turning point for the bank after more than seven years under regulatory restrictions.

HousingWire1d

Wells Fargo’s asset cap has been lifted. Will it become a mortgage giant again?

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

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 ...

Investing8d

Wells Fargo’s SWOT analysis: stock outlook amid regulatory progress and market challenges

The consensus among analysts seems to be that the bank is well-positioned to benefit from improving operational performance and potential regulatory relief. While Wells Fargo has made progress ...

Wells Fargo CEO Scharf enters growth era with eye on Wall Street

Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...

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