News

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.