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News

Fed lifts Wells Fargo asset cap, clearing bank for growth

Charlotte Observer on MSN · 8h
What's next for Wells Fargo as asset cap penalty ends? Finance experts weigh in
"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made money and that will serve them well in the future." Mar
The Des Moines Register on MSN · 1d
Fed lifts Wells Fargo asset cap, clearing bank for growth as it rebuilds from scandal
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 award
Reuters on MSN · 1d
Wells Fargo asset cap lifted, allowing bank to grow
The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal.
1don MSN
Instant view: Wells Fargo asset cap lifted, allowing bank to grow
The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...
6don MSN
Wells Fargo to sell assets of rail equipment leasing unit
Wells Fargo (NYSE:WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business ...

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