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Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
Wells Fargo (NYSE:WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO ...
The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that was established in 2018 in response to the bank’s fraudulent ...
On Wednesday, at the Bernstein Conference, Wells Fargo & Company’s WFC CEO Charlie Scharf expressed confidence in the bank’s ...
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.
The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.
Wells Fargo 's chief executive says he is "very, very confident" that the Federal Reserve will lift the $1.95 trillion asset cap that was imposed on the bank following its 2016 fake-accounts scandal.
Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively.
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the 2016 fake accounts scandal. CEO Charlie Scharf has been addressing ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...