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WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
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 Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week. Chris Whalen, chairman of Whalen Global ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...
The Federal Reserve's asset cap has been the main brake on Wells Fargo's (NYSE:WFC) growth for years. With it now gone, ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
"The Federal Reserve's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," CEO ...
A brief background to understand why the fourth-largest bank in the country hadn’t been allowed to grow since 2018.
The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.
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