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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 ...
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.
Charlie Scharf can finally play offence. After more than a half-decade cleaning up Wells Fargo & Co's scandals, the chief ...
Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...
WASHINGTON, D.C. ― Wells Fargo was released from a punitive, seven-yearlong $1.95-trillion cap on its assets on Tuesday after the US Federal Reserve (Fed) lifted the regulatory measure, allowing the ...
After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...
Wells Fargo received regulatory clearance Tuesday to grow its balance sheet for the first time in seven years, after the ...
The cap was introduced following revelations that Wells Fargo employees had opened unauthorised accounts to meet sales ...
Wells Fargo was freed from a $1.95 trillion asset cap imposed by the Federal Reserve in 2018, marking the end of a seven-year growth restriction. The Fed lifted the punitive measure on Tuesday, ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...