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Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...
The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.
The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...