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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 ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The card features unlimited 2% cash back on all purchases, a sign-up bonus and a 0% intro APR promotion. When it comes to flat-rate cash-back cards, it's hard to beat 2% back, especially when the ...
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.