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Banks around the country are probably going to feel it. Deposits across the U.S. banking system have ballooned since Wells ...
The US Federal Reserve lifted asset growth restrictions on Wells Fargo, imposed after a fake accounts scandal in 2018. CEO ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake ...
The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset ...
A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
We’re not done, but we’re a hell of a lot closer to the end than the beginning, at this point,” the CEO said Wednesday.
Wells Fargo & Co. has increased CEO Charles Scharf’s compensation to $31.2 million for 2024, marking a 7.6% rise from the $29 million he earned in 2023. Wells Fargo & Co. has increased CEO ...
Wells Fargo & Co. increased Chief Executive Officer Charles Scharf’s pay to $31.2 million for 2024, a year in which the bank entered a key phase of its effort to escape a Federal Reserve shackle ...