The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...

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 has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

The Federal Reserve has lifted its asset cap on major bank Wells Fargo (WFC). Yahoo Finance senior banking reporter David ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator ...

A brief background to understand why the fourth-largest bank in the country hadn’t been allowed to grow since 2018.

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...

The undoing of the penalty, which has hung over the Wall Street bank for seven years, marks a significant victory for CEO ...