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The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
Wells Fargo shifts focus to organic growth over buybacks after asset cap removal. Explore its valuation, dividend potential, ...
On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...
Federal regulators announced this week that they’re lifting a severe punishment on Wells Fargo related to its fake accounts ...
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted an asset cap imposed following regulators’ determination that the bank had exploited its ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.
Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...