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 ...

The Federal Reserve has completed its review of the bank's remediation efforts and has determined the company has satisfied ...

Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to ...

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

The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...

Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic ...

Wells Fargo & Co. on Tuesday cleared a major obstacle to its growth plans, opening the way for the bank to grow after years ...

Vikram Rai has joined investment firm First New York as a portfolio manager and macro trader after leaving Wells Fargo ...

The $1.95 trillion asset cap was the most severe step regulators took against Wells Fargo after a series of scandals that ...

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in order to address ...