On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...

Federal regulators announced this week that they’re lifting a severe punishment on Wells Fargo related to its fake accounts ...

Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...

Shares of PVH Corp. fell after hours on Wednesday after the Calvin Klein and Tommy Hilfiger parent cut its full-year profit outlook, citing the impact of tariffs on shipments heading into the U.S. The ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

Apple’s artificial intelligence rollout in China is hitting a bit of a rough patch. And Wells Fargo got a huge gift from the Fed this week. Plus, meet the soon-to-be newest member of the Eurozone, ...

Plus, the European Commission has finally given Bulgaria the green light to join the Eurozone in 2026. Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

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

The US Federal Reserve lifted asset growth restrictions on Wells Fargo, imposed after a fake accounts scandal in 2018. CEO Charles Scharf announced a $2,000 reward for employees.

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

Charlie Scharf can finally play offence. After more than a half-decade cleaning up Wells Fargo & Co's scandals, the chief ...